West Lance 4
4 · Finance of America Companies Inc. · Filed May 15, 2024
Insider Transaction Report
Form 4
West Lance
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-05-13+56,497→ 122,807 total - Award
Restricted Stock Units
2024-05-13+100,000→ 100,000 total→ Class A Common Stock (100,000 underlying) - Exercise/Conversion
Restricted Stock Units
2024-05-13−56,497→ 0 total→ Class A Common Stock (56,497 underlying)
Holdings
- 700,000(indirect: See Footnote)
Class A Common Stock
Footnotes (5)
- [F1]Reflects restricted stock units ("RSUs") that upon vesting converted into shares of Class A common stock of the Issuer ("Common Stock") on a one-for-one basis.
- [F2]Reflects securities held directly by CDZ Capital Partners, LP. The general partner of CDZ Capital Partners, LP is CDZ Capital Corp. Mr. West controls CDZ Capital Corp.'s investment decisions. The Reporting Person disclaims beneficial ownership over the securities held by CDZ Capital Partners, LP, except to the extent of his pecuniary interest therein.
- [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.
- [F4]Reflects RSUs that vested on May 13, 2024, the date of the Issuer's annual stockholders' meeting following the date of grant.
- [F5]These RSUs shall vest on the earlier of (i) May 13, 2025 or (ii) the regularly scheduled annual stockholders' meeting of the Issuer following the grant date.