| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SOFI | Common Stock | Award | $0 | +26.2 K | +50.78% | $0.00 | 77.9 K | Aug 14, 2023 | See footnote | F1, F2 |
| holding | SOFI | Common Stock | 30.6 M | Aug 14, 2023 | Held through Silver Lake Partners IV, L.P. | F3, F5 | |||||
| holding | SOFI | Common Stock | 511 K | Aug 14, 2023 | Held through Silver Lake Technology Investors IV (Delaware II), L.P. | F4, F5 |
| Id | Content |
|---|---|
| F1 | Reflects a grant of restricted stock units to Michael J. Bingle, a director of SoFi Technologies, Inc. (the "Issuer") and Vice Chairman of Silver Lake Group, L.L.C. ("SLG"), which will vest at the earlier of (i) the next annual shareholder meeting of the Issuer after July 14, 2023 (the "Vesting Commencement Date") or (ii) the 12 month anniversary of the Vesting Commencement Date. |
| F2 | Represents shares of common stock and restricted stock units held by Michael J. Bingle, a director of the Issuer and Vice Chairman of SLG, as part of the Issuer's non-employee director compensation policy, for the benefit of one or more of the Reporting Persons and/or certain of their affiliates or certain of the funds they manage ("Silver Lake"). Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners. |
| F3 | These securities are directly owned by Silver Lake Partners IV, L.P. ("SLP IV"). |
| F4 | These securities are directly owned by Silver Lake Technology Investors IV (Delaware II), L.P. ("SLTI IV"). |
| F5 | Silver Lake Technology Associates IV, L.P. ("SLTA IV") is the general partner of SLP IV and SLTI IV. The general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"), the managing member of which is SLG. Michael Bingle is a director of the Issuer and Vice Chairman of SLG. Each of SLP IV, SLTI IV, SLTA IV, SLTA IV GP and SLG may be deemed to be a director by deputization of the Issuer. |
The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, or are subject to Section 16 of the Exchange Act, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any.