Figure Acquisition Corp I (FACA) Form 4 Figure Acquisition Corp. I / Michael Scott Cagney ownership change

SEC Form 4

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	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2021

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
Class A Common Stock	02/23/2021		A		15,000(1)	A	(1)	15,000	I	See Footnote(1)(5)(8)

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)	02/23/2021		A		3,750(1)(2)		(2)	(2)	Class A Common Stock	3,750	(2)	3,750	I	See Footnotes(1)(2)(5)(8)
Warrants(3)(4)	(4)	02/23/2021		A		5,166,667(3)(4)		(4)	(4)	Class A Common Stock	5,166,667	(4)	5,166,667	I	See Footnotes(3)(4)(6)(7)(8)

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)

1. Name and Address of Reporting Person^*

Cagney Michael Scott

(Last) (First) (Middle)

650 CALIFORNIA STREET, SUITE 2700

(Street)

SAN FRANCISCO CA 94108

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Milani Thomas J.

(Last) (First) (Middle)

650 CALIFORNIA STREET

SUITE 2700

(Street)

SAN FRANCISCO CA 94108

(City) (State) (Zip)

Explanation of Responses:

1. Reflects the purchase of 15,000 Units of the Issuer for $10.00 per Unit by Thomas J. Milani from the Issuer upon the closing of the Issuer's initial public offering ("IPO"). Each Unit consists of one share of Class A Common Stock of the Issuer (each, a "Class A Share") and one-fourth of one redeemable warrant of the Issuer (each, a "Public Warrant").

2. Each whole Public Warrant is exercisable to purchase one Class A Share at an exercise price of $11.50 per share, subject to certain anti-dilution adjustments. The Public Warrants will become exercisable on the later of (i) 30 days after the completion of the Issuer's initial business combination and (ii) 12 months following the closing of the IPO. The Public Warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described under the heading "Description of Securities--Redeemable Warrants--Public Stockholders' Warrants" in the Issuer's Registration Statement on Form S-1/A (File No. 333-252686) filed with the Securities and Exchange Commission on February 11, 2021 (the "Registration Statement").

3. Reflects the purchase of 5,166,667 warrants of the Issuer by Fintech Acquisition LLC (the "Sponsor") from the Issuer in a private placement that closed concurrently with the closing of the IPO for an aggregate purchase price of $7,750,000, as described in the Registration Statement (each, a "Private Placement Warrant").

4. Each whole Private Placement Warrant is exercisable to purchase one Class A Share at an exercise price of $11.50 per share, subject to anti-dilution adjustments. As described in the Registration Statement, the Private Placement Warrants are generally identical to the Public Warrants, except that the Private Placement Warrants (so long as they are 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 of such Private Placement Warrants), subject to limited exceptions, be transferred, assigned or sold by until 30 days after the completion of the Issuer's initial business combination, (iii) may be exercised by the holders on a cashless basis and (iv) will be entitled to registration rights. The Private Placement Warrants will expire upon the 24-month anniversary of the closing of the IPO if the Issuer's initial business combination has not been completed prior to such date.

5. Reflects Class A Shares and Public Warrants held by Mr. Milani.

6. Reflects Private Placement Warrants held by the Sponsor.

7. 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.

8. Each of the reporting persons disclaims beneficial ownership over the securities reported herein, except to the extent of his or its pecuniary interest therein.

Remarks:

Exhibit 99 - Joint Filer Statement

	/s/ Fintech Acquisition LLC, By: /s/ Michael Cagney	02/24/2021
	/s/ Michael Cagney	02/24/2021
	/s/ Thomas J. Milani	02/24/2021
	** Signature of Reporting Person	Date
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