Siphelele Jiyane - 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
-$69,682
Form type
4
Filing time
03 Mar 2022, 16:15:55 UTC
Previous filing
22 Feb 2022
Next filing
23 Mar 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 +3,862 +6.4% $0.000000 64,419 01 Mar 2022 Direct
transaction AFRM Class A Common Stock Tax liability $69,682 -1,645 -2.6% $42.36 62,774 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 -167 -7.2% $0.000000 2,167 01 Mar 2022 Class A Common Stock 167 Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -1,261 -3.1% $0.000000 39,103 01 Mar 2022 Class A Common Stock 1,261 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -1,440 -17% $0.000000 7,200 01 Mar 2022 Class A Common Stock 1,440 Direct F2, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -896 -9.1% $0.000000 8,959 01 Mar 2022 Class A Common Stock 896 Direct F2, F6
transaction AFRM Restricted Stock Units Options Exercise $0 -98 -2.4% $0.000000 3,928 01 Mar 2022 Class A Common Stock 98 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 March 1, 2022.
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 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.
F4 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.
F5 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.
F6 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.
F7 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.