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

Role
EVP & Group Business Leader
Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
23 Aug 2021
Net transactions value
-$1,882,505
Form type
4
Filing time
25 Aug 2021, 20:00:58 UTC
Previous filing
02 Jun 2021
Next filing
03 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +274,737 +23% 1,456,677 23 Aug 2021 Direct F1
transaction SOFI Common Stock Tax liability $1,882,505 -136,216 -9.4% $13.82 1,320,461 23 Aug 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 -274,737 -11% $0.000000 2,320,559 23 Aug 2021 Common Stock 274,737 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.