4//SEC Filing
Engel Matthew A 4
Accession 0001491166-25-000005
CIK 0001828937other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 5:59 PM ET
Size
6.3 KB
Accession
0001491166-25-000005
Insider Transaction Report
Form 4
Engel Matthew A
Chief Financial Officer
Transactions
- Award
Class B Units of Finance of America Equity Capital LLC
2025-11-12+50,000→ 50,000 totalExp: 2030-11-12→ Class A Common Stock
Footnotes (1)
- [F1]These Class B Units of Finance of America Equity Capital LLC ("FOAEC") will vest upon the occurrence of the consummation of a Change in Control (as defined in the Issuer's 2021 Omnibus Incentive Plan), subject to the Reporting Person's continued employment. Upon vesting, each Class B Unit will automatically convert into a number of Class A Units of FOAEC having a fair market value equal to the Spread Value (if any) of each Class B Unit; provided that the Issuer's Board of Directors may elect, in its discretion, to settle such Spread Value in cash, in Class A Units or any combination thereof. The "Spread Value" is equal to the excess (if any) of the fair market value of the Issuer's Class A Common Stock ("Common Stock") as of the vesting date over $23.01. Upon vesting and converting into Class A Units of FOAEC, each such Class A Unit will be exchangeable for a share of Common Stock on a one-for-one basis on the vesting date, at the election of the Reporting Person.
Documents
Issuer
Finance of America Companies Inc.
CIK 0001828937
Entity typeother
Related Parties
1- filerCIK 0001491166
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 5:59 PM ET
- Size
- 6.3 KB