Katherine Adkins - 01 Dec 2021 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Chief Legal Officer
Signature
/s/ David Ritenour, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Dec 2021
Net transactions value
-$289,702
Form type
4
Filing time
03 Dec 2021, 16:05:45 UTC
Previous filing
05 Nov 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Options Exercise $0 +166 $0.000000 166 01 Dec 2021 Direct
transaction AFRM Class A Common Stock Options Exercise $0 +2,325 +1401% $0.000000 2,491 01 Dec 2021 Direct
transaction AFRM Class A Common Stock Tax liability $131,608 -1,129 -45% $116.57* 1,362 01 Dec 2021 Direct F1
transaction AFRM Class A Common Stock Sale $158,094 -1,362 -100% $116.08* 0 02 Dec 2021 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 AFRM Restricted Stock Units Options Exercise $0 -166 -2.3% $0.000000 6,953 01 Dec 2021 Class A Common Stock 166 Direct F3, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -2,325 -11% $0.000000 18,600 01 Dec 2021 Class A Common Stock 2,325 Direct F3, F5
* 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 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021.
F3 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F4 The RSUs vest in 48 equal monthly installments after June 1, 2021, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
F5 The RSUs vest in 24 equal monthly installments until August 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date.