Qatar Investment Authority - May 28, 2021 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Director
Signature
Qatar Investment Authority; By: /s/ Andrew Watkins, Associate General Counsel, Compliance, Legal
Stock symbol
SOFI
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
4
Date filed
8/5/2021, 04:51 PM
Next filing
Oct 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Award +24.5M 24.5M May 28, 2021 Held by QIA FIG Holding LLC F1, F2, F3
transaction SOFI Series 1 Redeemable Preferred Stock Award +3M 3M May 28, 2021 Held by QIA FIG Holding LLC F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SOFI Warrants Award +11.3M 11.3M May 28, 2021 Common Stock 11.3M $8.86 Held by QIA FIG Holding LLC F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired pursuant to the terms of the Agreement and Plan of Merger, dated as of January 7, 2021, as amended on March 16, 2021 (the "Merger Agreement"), by and among Social Capital Hedosophia Holdings Corp. V ("SCH"), Plutus Merger Sub Inc. ("Merger Sub"), and Social Finance, Inc. ("SoFi"), pursuant to which Merger Sub merged (the "Merger") with and into SoFi, with SoFi surviving the Merger as a wholly owned subsidiary of SCH (renamed SoFi Technologies, Inc. (the "Issuer")). Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, holders of SoFi common stock received shares of common stock of the Issuer, holders of SoFi Series 1 Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock received Series 1 Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock of the Issuer, and holders of warrants to purchase SoFi Series H Preferred Stock received warrants to purchase shares of common stock of the Issuer.
F2 QIA FIG Holding LLC is the direct holder of the securities reflected in this Form 4. Qatar Investment Authority is the ultimate parent of QIA FIG Holding LLC.
F3 Ahmed Al-Hammadi, Chief Investment Officer, Europe, Russia and Turkey for Qatar Investment Authority, is a member of the board of directors of the Issuer designated by QIA FIG Holding LLC, and therefore Qatar Investment Authority and QIA FIG Holding LLC each may be deemed a "director by deputization" of the Issuer.