Christopher Lapointe - Mar 24, 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Signature
/s/ Deanna Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Mar 24, 2022
Transactions value $
$0
Form type
4
Date filed
3/25/2022, 08:09 PM
Previous filing
Mar 17, 2022
Next filing
Jun 16, 2022

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 Award $0 -335K -20.7% $0.00 1.29M Mar 24, 2022 Common Stock 335K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.