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 | +1.02M | +15.72% | $0.00 | 7.48M | Mar 28, 2022 | Common Stock | 1.02M | 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 254,065 RSUs per quarter, starting with the quarterly vesting date in March 2025, in equal quarterly installments (other than with respect to the June 2025 quarterly vesting date when 254,066 RSUs will vest), subject to the reporting person's continued service with the Issuer through the applicable vesting date, with each installment representing approximately 1/4th of the total number of RSUs originally granted pursuant to this award. |