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

Role
Chief Legal Officer
Signature
/s/ David Ritenour, Attorney-in-Fact
Stock symbol
AFRM
Transactions as of
Dec 1, 2021
Transactions value $
-$289,702
Form type
4
Date filed
12/3/2021, 04:05 PM
Previous filing
Nov 5, 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 +166 $0.00 166 Dec 1, 2021 Direct
transaction AFRM Class A Common Stock Options Exercise $0 +2.33K +1400.6% $0.00 2.49K Dec 1, 2021 Direct
transaction AFRM Class A Common Stock Tax liability -$132K -1.13K -45.32% $116.57* 1.36K Dec 1, 2021 Direct F1
transaction AFRM Class A Common Stock Sale -$158K -1.36K -100% $116.08* 0 Dec 2, 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 -2.33% $0.00 6.95K Dec 1, 2021 Class A Common Stock 166 Direct F3, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -2.33K -11.11% $0.00 18.6K Dec 1, 2021 Class A Common Stock 2.33K 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.