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Form 4 Figure Acquisition Corp. For: Nov 29 Filed by: Cagney Michael Scott

December 1, 2022 8:09 PM EST

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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Fintech Acquisition LLC

(Last) (First) (Middle)
650 CALIFORNIA STREET, SUITE 2700

(Street)
SAN FRANCISCO CA 94108

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Figure Acquisition Corp. I [ FACA.U ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/29/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants (1) (2) (2) 11/29/2022   J     242,345 (1) (2)   (2)   (2) Class A Common Stock 242,345 (1) $ 0 (1) 2,661,616 I See Footnote (1) (3) (4)
Call option (right to acquire) (1) (5) $ 0 (5) 11/29/2022   J   0 (1) (5)     (5)   (5) See Footnotes (1) (5) (1) (5) $ 0 (5) $ 0 (5) I See Footnote (1) (3) (4)
Explanation of Responses:
1. On November 29, 2022, Fintech Acquisition LLC (the "Sponsor") distributed for no consideration 242,345 warrants of the Issuer (the "Transferred Securities") to one of its members (the "Member") (the "Distribution").
2. Each whole Private Placement Warrant (a "Warrant") is exercisable to purchase one share of Class A Common Stock of the Issuer (each, a "Class A Share") at an exercise price of $11.50 per share, subject to certain anti-dilution adjustments. The Warrants will become exercisable on the later of (i) 30 days after the completion of the Issuer's initial business combination ("IBO") and (ii) 12 months following the closing of the Issuer's IPO. The Warrants (when held by the Sponsor or its permitted transferees) (i) will not be redeemable by the Issuer, (ii) may not (including the Class A Shares issuable upon exercise), subject to certain exceptions, be transferred, assigned or sold until 30 days after the completion of the Issuer's IBO, (iii) may be exercised by the holders on a cashless basis and (iv) will be entitled to registration rights. The Warrants will expire upon the 24-month anniversary of the closing of the IPO if the Issuer's IBO has not been completed prior to such date.
3. The Sponsor is managed by a Board of Managers, which consists of two individuals--Michael Cagney and Thomas J. Milani. Mr. Cagney is the Chairman of the Board of Directors of the Issuer and Mr. Milani is the Chief Financial Officer of the Issuer. Any actions (including voting and investment decisions) by the Sponsor with respect to the reported securities are made by Board of Managers of the Sponsor and require the unanimous approval of the members of the Board of Managers. As a result, each of Messrs. Cagney and Milani may be deemed to have beneficial ownership over the securities reported herein.
4. Each of the reporting persons disclaims beneficial ownership over the securities reported herein, except to the extent of his or its pecuniary interest therein.
5. The Sponsor entered into an agreement with the Member and certain of the Member's affiliates, pursuant to which the Member must cause the Transferred Securities to be contributed back to the Sponsor at the Sponsor's request and in the Sponsor's sole discretion (the "Call Option"). The exercise price for the Call Option is $0. Any such contribution of the Transferred Securities to the Sponsor will be for no consideration. There is no expiration date on the Call Option.
Remarks:
Exhibit 99 - Joint Filer Statement
By: /s/ Fintech Acquisition LLC, By: /s/ Thomas J. Milani 12/01/2022
** Signature of Reporting Person Date
By: /s/ Michael Cagney 12/01/2022
** Signature of Reporting Person Date
By: /s/ Thomas J. Milani 12/01/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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ATTACHMENTS / EXHIBITS

EXHIBIT 99



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