Keith Rabois - 01 Nov 2021 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Director
Signature
/s/ David Ritenour, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Nov 2021
Net transactions value
-$2,878,828
Form type
4
Filing time
03 Nov 2021, 18:05:43 UTC
Previous filing
25 May 2021
Next filing
03 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Sale $333,502 -2,200 -2.7% $151.59* 77,881 01 Nov 2021 Direct F1, F2, F3
transaction AFRM Class A Common Stock Sale $860,047 -5,644 -7.2% $152.38* 72,237 01 Nov 2021 Direct F1, F4
transaction AFRM Class A Common Stock Sale $280,815 -1,829 -2.5% $153.53* 70,408 01 Nov 2021 Direct F1, F5
transaction AFRM Class A Common Stock Sale $797,938 -5,163 -7.3% $154.55* 65,245 01 Nov 2021 Direct F1, F6
transaction AFRM Class A Common Stock Sale $336,362 -2,168 -3.3% $155.15* 63,077 01 Nov 2021 Direct F1, F7
transaction AFRM Class A Common Stock Sale $62,664 -400 -0.63% $156.66* 62,677 01 Nov 2021 Direct F1, F8
transaction AFRM Class A Common Stock Sale $31,428 -200 -0.32% $157.14* 62,477 01 Nov 2021 Direct F1
transaction AFRM Class A Common Stock Sale $143,486 -900 -1.4% $159.43* 61,577 01 Nov 2021 Direct F1, F9
transaction AFRM Class A Common Stock Sale $32,586 -200 -0.32% $162.93* 61,377 01 Nov 2021 Direct F1, F10
holding AFRM Class A Common Stock 75,000 01 Nov 2021 By FF Affirm Growth, LLC F11
holding AFRM Class A Common Stock 1,486,909 01 Nov 2021 By The Founders Fund Growth, LP F11
holding AFRM Class A Common Stock 60,429 01 Nov 2021 By The Founders Fund Growth Principals Fund, LP F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2021.
F2 Represents the weighted average sale price of the shares sold from $150.95 to $151.94 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Represents the receipt of 56,112 shares of Class A Common Stock pursuant to multiple pro rata distributions effected by Khosla Ventures to its members, including the Reporting Person, for no additional consideration.
F4 Represents the weighted average sale price of the shares sold from $152.00 to $152.99 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 Represents the weighted average sale price of the shares sold from $153.03 to $154.01 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 Represents the weighted average sale price of the shares sold from $154.03 to $155.02 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 Represents the weighted average sale price of the shares sold from $155.03 to $155.54 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 Represents the weighted average sale price of the shares sold from $156.14 to $157.00 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 Represents the weighted average sale price of the shares sold from $158.99 to $159.93 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 Represents the weighted average sale price of the shares sold from $162.90 to $162.96 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11 The Reporting Person has shared voting and investment power over the shares held by each of The Founders Fund VI, LP, The Founders Fund VI Principals Fund, LP, The Founders Fund VI Entrepreneurs Fund, LP, The Founders Fund Growth, LP, The Founders Fund Growth Principals Fund, LP and FF Affirm Growth, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.