Company: FOACW
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001193125-25-065614
Chunk: 32

Company: Finance of America Companies Inc.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 32
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 holder’s continued employment. |

| (6) | Represents (i) 5,428 restricted stock units that will vest on the third anniversary of April 1, 2022, (ii) 26,881 restricted stock units that will vest on the second and third anniversaries of April 1, 2023, and (iii) 125,000 restricted stock units that will vest on the first, second and third anniversaries of April 1, 2024, each subject to such holder’s continued employment. |

| (7) | Represents (i) 16,286 restricted stock units that will vest on the third anniversary of April 1, 2022, (ii) 80,645 restricted stock units that will vest on the second and third anniversaries of April 1, 2023, and (iii) 200,000 restricted stock units that will vest on the first, second and third anniversaries of April 1, 2024, each subject to such holder’s continued employment. |

| (8) | Reflects Earnout Rights granted in 2021. |

Earnout Rights The UFG Holdings LLC Management Long-Term Incentive Plan (the “MLTIP”) was established by UFG Holdings LLC (“UFG”), the Company’s predecessor holding company, on January 1, 2015 to provide an incentive to key employees to continue in the employment of UFG and to improve the growth and profitability of UFG. In connection with the execution of the transaction agreement, by and among Replay, FOA Equity, and the other parties thereto, dated as of October 12, 2020 (the “Transaction Agreement”), UFG adopted the Amended and Restated UFG Holdings LLC Management Long-Term Incentive Plan (the “A&R MLTIP”), effective as of the date the Transaction Agreement was executed, which amended and restated the MLTIP. The A&R MLTIP is administered by the compensation committee of the Company, such administrative body being referred to herein as the “Administrator.” Under the terms of the A&R MLTIP, participants (including Mr. Fleming, Ms. Sieffert and Mr. Prahm) were entitled to receive, subject to the terms and conditions of the A&R MLTIP, certain consideration for the cancellation of legacy phantom units previously granted to such participants under the MLTIP. Such consideration included the right to receive additional shares of Class A Common Stock