Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SOFI | Restricted Stock Unit | Award | $0 | -335K | -20.7% | $0.00 | 1.29M | Mar 24, 2022 | Common Stock | 335K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. |
F2 | Represents shares issuable on settlement of RSUs granted to the Reporting Person. The RSU award will vest as to (1) 34,654 RSUs on the quarterly vesting date in June 2022, (2) 34,655 RSUs on the quarterly vesting date in September 2022, (3) 34,654 RSUs on the quarterly vesting date in December 2022, (4) 25,991 RSUs in equal quarterly installments on each of the quarterly vesting dates in 2023, and (5) 15,930 RSUs in equal quarterly installments on each of the quarterly vesting dates in 2024 and 2025 (other than the quarterly vesting date in December 2024 when 15,929 RSUs will vest), in each case, subject to the reporting person's continued service with the Issuer through the applicable vesting date. |