West Lance 4
4 · Finance of America Companies Inc. · Filed Jun 12, 2023
Insider Transaction Report
Form 4
West Lance
Director
Transactions
- Award
Restricted Stock Units
2023-06-08+56,497→ 56,497 total→ Class A Common Stock (56,497 underlying) - Exercise/Conversion
Class A Common Stock
2023-06-08+47,619→ 66,310 total - Exercise/Conversion
Restricted Stock Units
2023-06-08−47,619→ 0 total→ Class A Common Stock (47,619 underlying)
Holdings
- 700,000(indirect: See Footnote)
Class A Common Stock
Footnotes (5)
- [F1]Reflects restricted stock units 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 restricted stock unit represents a contingent right to receive one share of Common Stock. The restricted stock units will be settled in either Common Stock or cash (or a combination thereof) at the discretion of the Issuer's compensation committee.
- [F4]Reflects restricted stock units that vested on June 8, 2023, the date of the Issuer's annual stockholders' meeting following the date of grant.
- [F5]These restricted stock units shall vest on the earlier of (i) June 8, 2024 or (ii) the regularly scheduled annual stockholders' meeting of the Issuer following the grant date.