Form 4 for FOA Finance of America Companies Inc.
Accepted 2023-04-04 00:00:00 ET · period of report 2023-03-31 · accession 0001828937-23-000030 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-04-04 | 2023-04-03 | FOA | Thornock Tai A. | CAO | M - OptEx | $0.00 | +44.2K | 83.0K | +114% | $0 |
| DM | 2023-04-04 | 2023-04-03 | FOA | Thornock Tai A. | CAO | F - Tax | $1.24 | -12.9K | 79.9K | -14% | -$16.0K |
| D | 2023-04-04 | 2023-03-31 | FOA | Thornock Tai A. | CAO | A - Grant | $0.00 | +121.0K | 121.0K | New | $0 |
| DM | 2023-04-04 | 2023-04-03 | FOA | Thornock Tai A. | CAO | M - OptEx | $0.00 | -44.2K | 34.4K | -56% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-04-03 | M | A | 9,772 | $0.00 | 82,767 | D | — | — | (F3) Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee. The remaining restricted stock units vest on the second and third anniversaries of April 1, 2022, subject to the Reporting Person's continued employment. |
| 2 | Common | Class A Common Stock | 2023-04-03 | F | D | 10,045 | $1.24 | 72,995 | D | — | — | |
| 3 | Common | Class A Common Stock | 2023-04-03 | F | D | 2,854 | $1.24 | 79,913 | D | — | — | |
| 4 | Common | Class A Common Stock | 2023-04-03 | M | A | 34,400 | $0.00 | 83,040 | D | — | — | (F1) Each restricted stock unit, or RSU, represents a contingent right to receive one share of Class A Common Stock of the Issuer ("Common Stock"). The restricted stock units will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee. The remaining restricted stock units vest on the third anniversary of April 1, 2021, subject to the Reporting Person's continued employment. |
| 5 | Derivative | Restricted Stock Units | 2023-03-31 | A | A | 120,968 | $0.00 | 120,968 | D | — · — to — | 120,968 Class A Common Stock | (F4) Represents additional RSUs granted to the Reporting Person on March 31, 2023. Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee. The restricted stock units shall vest in one-third increments upon the first, second and third anniversaries of the vesting reference date, April 1, 2023, subject to the Reporting Person's continued employment. |
| 6 | Derivative | Restricted Stock Units | 2023-04-03 | M | D | 9,772 | $0.00 | 19,544 | D | — · — to — | 9,772 Class A Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee. The remaining restricted stock units vest on the second and third anniversaries of April 1, 2022, subject to the Reporting Person's continued employment. |
| 7 | Derivative | Restricted Stock Units | 2023-04-03 | M | D | 34,400 | $0.00 | 34,400 | D | — · — to — | 34,400 Class A Common Stock | (F1) Each restricted stock unit, or RSU, represents a contingent right to receive one share of Class A Common Stock of the Issuer ("Common Stock"). The restricted stock units will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee. The remaining restricted stock units vest on the third anniversary of April 1, 2021, subject to the Reporting Person's continued employment. |