Chad M. Borton - Feb 2, 2022 Form 3 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
President - SoFi Bank
Signature
/s/ Deanna Smith, Attorney-in-fact
Stock symbol
SOFI
Transactions as of
Feb 2, 2022
Transactions value $
$0
Form type
3
Date filed
2/7/2022, 03:04 PM
Next filing
Jun 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SOFI Common Stock 120 Feb 2, 2022 Direct

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
holding SOFI Restricted Stock Unit Feb 2, 2022 Common Stock 639K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSU award will vest as to approximately119,731 RSUs on the nine month anniversary of the vesting commencement date and will then vest as to approximately 39,911 RSUs per quarter in equal quarterly installments, subject to the reporting person's continued service with the Issuer through the applicable vesting date, with the first installment representing 18.75% of the total number of RSUs granted pursuant to this award and each installment other than the first installment representing 6.25% of the total number of RSUs granted pursuant to this award.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.

Remarks:

Exhibit 24 - Power of Attorney.