Michelle Gill - Aug 23, 2021 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
EVP & Group Business Leader
Signature
/s/ Deanna Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Aug 23, 2021
Transactions value $
-$1,882,505
Form type
4
Date filed
8/25/2021, 08:00 PM
Previous filing
Jun 2, 2021
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +275K +23.24% 1.46M Aug 23, 2021 Direct F1
transaction SOFI Common Stock Tax liability -$1.88M -136K -9.35% $13.82 1.32M Aug 23, 2021 Direct F2

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 Restricted Stock Unit Options Exercise $0 -275K -10.59% $0.00 2.32M Aug 23, 2021 Common Stock 275K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Shares withheld to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to or sold by the Reporting Person.
F3 Represents the settlement of a portion of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Form 4 filed on June 2, 2021.