Anthony Noto - 28 Mar 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
28 Mar 2022
Net transactions value
-$473,106
Form type
4
Filing time
01 Apr 2022, 20:44:25 UTC
Previous filing
16 Mar 2022
Next filing
28 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +101,663 +3.3% 3,163,694 28 Mar 2022 Direct F1
transaction SOFI Common Stock Tax liability $473,106 -52,509 -1.7% $9.01 3,111,185 28 Mar 2022 Direct F2

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 Options Exercise $0 -101,663 -1.4% $0.000000 7,378,296 28 Mar 2022 Common Stock 101,663 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Shares withheld to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to or sold by the Reporting Person.
F3 Represents the settlement of a portion of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Form 4 filed on June 2, 2021.