Lauren Richmond - 01 Apr 2024 Form 4 Insider Report for Finance of America Companies Inc. (FOA)

Role: Chief Legal Officer
Signature: /s/ Tracy Lowe, as Attorney-in-Fact
Issuer symbol: FOA
Transactions as of: 01 Apr 2024
Net transactions value: -$20,073
Form type: 4
Filing time: 03 Apr 2024, 16:36:46 UTC
Previous filing: 04 Apr 2023
Next filing: 12 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FOA	Class A Common Stock	Options Exercise	$0	+51,602	+43%	$0.000000	171,167	01 Apr 2024	Direct	F1
transaction	FOA	Class A Common Stock	Tax liability	$11,247	-15,300	-8.9%	$0.7351	155,867	01 Apr 2024	Direct	F2
transaction	FOA	Class A Common Stock	Options Exercise	$0	+3,257	+2.1%	$0.000000	159,124	01 Apr 2024	Direct	F3
transaction	FOA	Class A Common Stock	Tax liability	$710	-966	-0.61%	$0.7351	158,158	01 Apr 2024	Direct	F2
transaction	FOA	Class A Common Stock	Options Exercise	$0	+40,322	+25%	$0.000000	198,480	01 Apr 2024	Direct	F4
transaction	FOA	Class A Common Stock	Tax liability	$8,116	-11,041	-5.6%	$0.7351	187,439	01 Apr 2024	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FOA	Restricted Stock Units	Options Exercise	$0	-51,602	-100%	$0.000000^*	0	01 Apr 2024	Class A Common Stock	51,602		Direct	F1
transaction	FOA	Restricted Stock Units	Options Exercise	$0	-3,257	-50%	$0.000000	3,258	01 Apr 2024	Class A Common Stock	3,257		Direct	F3
transaction	FOA	Restricted Stock Units	Options Exercise	$0	-40,322	-33%	$0.000000	80,646	01 Apr 2024	Class A Common Stock	40,322		Direct	F4
transaction	FOA	Restricted Stock Units	Award	$0	+250,000		$0.000000	250,000	01 Apr 2024	Class A Common Stock	250,000		Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer's Class A common stock ("Common Stock"). The RSUs will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.
F2	Represents the withholding of shares of Common Stock for tax purposes in connection with the settlement of RSUs.
F3	Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee. The remaining RSUs vest on the third anniversary of April 1, 2022, subject to the Reporting Person's continued employment.
F4	Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee. The remaining RSUs vest on the second and third anniversaries of April 1, 2023, subject to the Reporting Person's continued employment.
F5	Represents additional RSUs granted to the Reporting Person on April 1, 2024. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee. The RSUs shall vest in one-third increments upon the first, second and third anniversaries of the vesting reference date, April 1, 2024, subject to the Reporting Person's continued employment.