Michael Linford - 01 Mar 2022 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Signature
/s/ David Ritenour, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Mar 2022
Net transactions value
-$62,015
Form type
4
Filing time
03 Mar 2022, 16:14:16 UTC
Previous filing
03 Feb 2022
Next filing
05 Apr 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 +3,333 +6.7% $0.000000 53,241 01 Mar 2022 Direct
transaction AFRM Class A Common Stock Tax liability $62,015 -1,464 -2.7% $42.36 51,777 01 Mar 2022 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 -3,333 -9.1% $0.000000 33,334 01 Mar 2022 Class A Common Stock 3,333 Direct F2, F3
* 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 March 1, 2022.
F2 Each Restricted Stock Unit (RSUs) 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 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.