Siphelele Jiyane - Dec 1, 2021 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Signature
/s/ David Ritenour, Attorney-in-Fact
Stock symbol
AFRM
Transactions as of
Dec 1, 2021
Transactions value $
-$194,788
Form type
4
Date filed
12/3/2021, 04:04 PM
Previous filing
Nov 9, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Options Exercise $0 +3.86K +134.69% $0.00 6.73K Dec 1, 2021 Direct
transaction AFRM Class A Common Stock Tax liability -$195K -1.67K -24.83% $116.57* 5.06K Dec 1, 2021 Direct F1

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 AFRM Restricted Stock Units Options Exercise $0 -1.26K -2.86% $0.00 42.9K Dec 1, 2021 Class A Common Stock 1.26K Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -1.44K -11.11% $0.00 11.5K Dec 1, 2021 Class A Common Stock 1.44K Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -896 -7.14% $0.00 11.6K Dec 1, 2021 Class A Common Stock 896 Direct F2, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -98 -2.27% $0.00 4.22K Dec 1, 2021 Class A Common Stock 98 Direct F2, F6
transaction AFRM Restricted Stock Units Options Exercise $0 -167 -5.89% $0.00 2.67K Dec 1, 2021 Class A Common Stock 167 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation in connection with the settlement of shares of Common Stock underlying the Reporting Person's restricted stock units that vested on December 1, 2021.
F2 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 RSUs vest with respect to the shares of Class A Common Stock underlying the RSUs in equal monthly installments for a period of forty-eight months beginning on October 1, 2020, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F4 RSUs vest with respect to the shares of Class A Common Stock underlying the RSUs in equal monthly installments for a period of twenty-four months beginning on August 1, 2020, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F5 RSUs vest with respect to the shares of Class A Common Stock underlying the RSUs in monthly installments for a period of twenty-four months beginning on January 1, 2021, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F6 RSUs vest with respect to the shares of Class A Common Stock underlying the RSUs in equal monthly installments for a period of forty-eight months beginning on July 1, 2021, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F7 RSUs vest with respect to the shares of Class A Common Stock underlying the restricted stock units in equal monthly installments for a period of forty-eight months beginning on April 1, 2019, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.