Form 4 for FOA Finance of America Companies Inc.
Accepted 2024-04-03 00:00:00 ET · period of report 2024-04-01 · accession 0001853911-24-000003 · 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 | 2024-04-03 | 2024-04-01 | FOA | Thornock Tai A. | CAO | M - OptEx | $0.00 | +84.5K | 112.3K | +304% | $0 |
| DM | 2024-04-03 | 2024-04-01 | FOA | Thornock Tai A. | CAO | F - Tax | $0.74 | -29.0K | 108.9K | -21% | -$21.4K |
| DM | 2024-04-03 | 2024-04-01 | FOA | Thornock Tai A. | CAO | M - OptEx | $0.00 | -84.5K | 0 | -100% | $0 |
| D | 2024-04-03 | 2024-04-01 | FOA | Thornock Tai A. | CAO | A - Grant | $0.00 | +250.0K | 250.0K | New | $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 | 2024-04-01 | M | A | 40,322 | $0.00 | 149,255 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2024-04-01 | M | A | 34,400 | $0.00 | 114,313 | D | — | — | (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. |
| 3 | Common | Class A Common Stock | 2024-04-01 | M | A | 9,772 | $0.00 | 112,285 | D | — | — | (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. |
| 4 | Common | Class A Common Stock | 2024-04-01 | F | D | 13,831 | $0.74 | 135,424 | D | — | — | |
| 5 | Common | Class A Common Stock | 2024-04-01 | F | D | 11,800 | $0.74 | 102,513 | D | — | — | |
| 6 | Common | Class A Common Stock | 2024-04-01 | F | D | 3,352 | $0.74 | 108,933 | D | — | — | |
| 7 | Derivative | Restricted Stock Units | 2024-04-01 | M | D | 40,322 | $0.00 | 80,646 | D | — · — to — | 40,322 Class A Common Stock | (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. |
| 8 | Derivative | Restricted Stock Units | 2024-04-01 | M | D | 9,772 | $0.00 | 9,772 | D | — · — to — | 9,772 Class A Common Stock | (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. |
| 9 | Derivative | Restricted Stock Units | 2024-04-01 | M | D | 34,400 | $0.00 | 0 | D | — · — to — | 34,400 Class A Common Stock | (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. |
| 10 | Derivative | Restricted Stock Units | 2024-04-01 | A | A | 250,000 | $0.00 | 250,000 | D | — · — to — | 250,000 Class A Common Stock | (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. |