Engel Matthew A 4
4 · Finance of America Companies Inc. · Filed Nov 19, 2024
Insider Transaction Report
Form 4
Engel Matthew A
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
2024-11-15$20.52/sh−4,443$91,170→ 8,009 total - Exercise/Conversion
Class A Common Stock
2024-11-15+12,452→ 12,452 total - Exercise/Conversion
Restricted Stock Units
2024-11-15−12,452→ 24,904 total→ Class A Common Stock (12,452 underlying)
Holdings
- 32,500
Restricted Stock Units
→ Class A Common Stock (32,500 underlying)
Footnotes (4)
- [F1]The number of restricted stock units ("RSUs") and shares of the Issuer's Class A common stock ("Common Stock") have been adjusted to reflect the Issuer's 1-for-10 reverse stock split of its Common Stock effective as of 5:00 p.m. Eastern Time on July 25, 2024.
- [F2]Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. 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 shall vest on the second and third anniversaries of the vesting reference date, November 15, 2023, subject to the Reporting Person's continued employment on the applicable vesting dates.
- [F3]Represents the withholding of shares of Common Stock for tax purposes in connection with the settlement of RSUs.
- [F4]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 of the Issuer. 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.