Webb Lauren Stafford - Mar 24, 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Chief Marketing Officer
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, 08:12 PM
Previous filing
Mar 18, 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 -274K -31.2% $0.00 605K Mar 24, 2022 Common Stock 274K 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) 14,634 RSUs on each of the quarterly vesting dates in June 2022 and September 2022, (3) 14,635 RSUs on the quarterly vesting date in December 2022, (4) 19,207 RSUs on each of the quarterly vesting dates in March 2023, June 2023, December 2023, March 2024, September 2024, March 2025, June 2025 and December 2025, and (5) 19,208 RSUs on each of the quarterly vesting dates in September 2023, June 2024, December 2024 and September 2025, in each case, subject to the reporting person's continued service with the Issuer through the applicable vesting date.