4//SEC Filing
LIBMAN BRIAN L 4
Accession 0001828937-23-000099
CIK 0001828937other
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 4:17 PM ET
Size
13.0 KB
Accession
0001828937-23-000099
Insider Transaction Report
Form 4
Libman Family Holdings, LLC
10% Owner
Transactions
- Exercise/Conversion
LLC Units of Finance of America Equity Capital LLC
2023-08-10−104,175→ 70,204,185 total(indirect: See Footnote)→ Class A Common Stock (104,175 underlying) - Disposition to Issuer
Class A Common Stock
2023-08-10−104,175→ 10,869,566 total(indirect: See Footnote) - Exercise/Conversion
Class A Common Stock
2023-08-10+104,175→ 10,973,741 total(indirect: See Footnote)
Holdings
- 151,244
Class A Common Stock
- 241,730(indirect: See Footnote)
Class A Common Stock
LIBMAN BRIAN L
Director10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2023-08-10+104,175→ 10,973,741 total(indirect: See Footnote) - Disposition to Issuer
Class A Common Stock
2023-08-10−104,175→ 10,869,566 total(indirect: See Footnote) - Exercise/Conversion
LLC Units of Finance of America Equity Capital LLC
2023-08-10−104,175→ 70,204,185 total(indirect: See Footnote)→ Class A Common Stock (104,175 underlying)
Holdings
- 151,244
Class A Common Stock
- 241,730(indirect: See Footnote)
Class A Common Stock
Footnotes (4)
- [F1]Pursuant to the terms of an exchange agreement, dated as of April 1, 2021, limited liability company units of Finance of America Equity Capital LLC ("FOA Units") held by the Reporting Person are exchangeable for shares of the Issuer's Class A common stock ("Common Stock") on a one-for-one basis. These exchange rights do not expire.
- [F2]Pursuant to the LTIP Award Settlement Agreement (the "LTIP Award Settlement Agreement"), dated as of October 12, 2020, by and among the Issuer, the Reporting Person and certain equityholders of the Issuer and Finance of America Equity Capital LLC, such equityholders are obligated to deliver a number of shares of Common Stock (either held or acquired upon conversion of FOA Units) to the Issuer in connection with the settlement of awards of restricted stock units, or RSUs, granted by the Issuer. On August 10, 2023, in connection with the Issuer's settlement of RSUs into shares of Common Stock, the Reporting Person converted certain FOA Units and delivered certain shares of Common Stock to the Issuer pursuant to the LTIP Award Settlement Agreement.
- [F3]Reflects securities held directly by Libman Family Holdings, LLC. The sole manager of Libman Family Holdings, LLC is Brian L. Libman.
- [F4]Reflects securities held by an entity for which Mr. Libman serves as trustee.
Documents
Issuer
Finance of America Companies Inc.
CIK 0001828937
Entity typeother
Related Parties
1- filerCIK 0001356440
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 4:17 PM ET
- Size
- 13.0 KB