0001971552-24-000007.txt : 20240403 0001971552-24-000007.hdr.sgml : 20240403 20240403164217 ACCESSION NUMBER: 0001971552-24-000007 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240401 FILED AS OF DATE: 20240403 DATE AS OF CHANGE: 20240403 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sieffert Kristen N CENTRAL INDEX KEY: 0001971552 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40308 FILM NUMBER: 24819548 MAIL ADDRESS: STREET 1: C/O FINANCE OF AMERICA COMPANIES INC. STREET 2: 5830 GRANITE PARKWAY, SUITE 400 CITY: PLANO STATE: TX ZIP: 75024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Finance of America Companies Inc. CENTRAL INDEX KEY: 0001828937 STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162] ORGANIZATION NAME: 02 Finance IRS NUMBER: 853474065 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5830 GRANITE PARKWAY STREET 2: SUITE 400 CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 877-202-2666 MAIL ADDRESS: STREET 1: 5830 GRANITE PARKWAY STREET 2: SUITE 400 CITY: PLANO STATE: TX ZIP: 75024 4 1 wk-form4_1712176924.xml FORM 4 X0508 4 2024-04-01 0 0001828937 Finance of America Companies Inc. FOA 0001971552 Sieffert Kristen N C/O FINANCE OF AMERICA COMPANIES INC., 5830 GRANITE PARKWAY, SUITE 400 PLANO TX 75024 0 1 0 0 President 0 Class A Common Stock 2024-04-01 4 M 0 4575 A 4575 I By Corp Class A Common Stock 2024-04-01 4 D 0 4575 0 D 0 I By Corp Class A Common Stock 2024-04-01 4 M 0 172001 0 A 457522 D Class A Common Stock 2024-04-01 4 F 0 61632 0.7351 D 395890 D Class A Common Stock 2024-04-01 4 M 0 54289 0 A 450179 D Class A Common Stock 2024-04-01 4 F 0 19371 0.7351 D 430808 D Class A Common Stock 2024-04-01 4 M 0 134408 0 A 565216 D Class A Common Stock 2024-04-01 4 F 0 47957 0.7351 D 517259 D LLC Units of Finance of America Equity Capital LLC 2024-04-01 4 M 0 4575 0 D Class A Common Stock 4575 534879 I By Corp Restricted Stock Units 2024-04-01 4 M 0 172001 0 D Class A Common Stock 172001 0 D Restricted Stock Units 2024-04-01 4 M 0 54289 0 D Class A Common Stock 54289 54289 D Restricted Stock Units 2024-04-01 4 M 0 134408 0 D Class A Common Stock 134408 268818 D Restricted Stock Units 2024-04-01 4 A 0 1250000 0 A Class A Common Stock 1250000 1250000 D 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. 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 ("RSUs"), granted by the Issuer. On April 1, 2024, 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. 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. Represents the withholding of shares of Common Stock for tax purposes in connection with the settlement of RSUs. 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. 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. 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. /s/ Tracy Lowe, as Attorney in Fact 2024-04-03