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 | -102K | -11.76% | $0.00 | 763K | Mar 24, 2022 | Common Stock | 102K | 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 2,033 RSUs on the quarterly vesting date in March 2023, 2,032 RSUs on the quarterly vesting date in June 2023, 2,033 RSUs on the quarterly vesting date in September 2023, 2,032 RSUs on the quarterly vesting date in December 2023, and 11,687 RSUs on each of the eight quarterly vesting dates thereafter in equal quarterly installments (other than the quarterly vesting date in December 2024 when 11,688 RSUs will vest), in each case, subject to the reporting person's continued service with the Issuer through the applicable vesting date. |