Siphelele Jiyane - May 1, 2022 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role: Vice President, Controller
Signature: /s/ David Ritenour, Attorney-in-Fact
Stock symbol: AFRM
Transactions as of: May 1, 2022
Transactions value $: -$46,781
Form type: 4
Date filed: 5/3/2022, 05:05 PM
Previous filing: Apr 5, 2022
Next filing: Jun 3, 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	+5.51%	$0.00	73.9K	May 1, 2022	Direct
transaction	AFRM	Class A Common Stock	Tax liability	-$46.8K	-1.63K	-2.21%	$28.70	72.2K	May 1, 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	-166	-8.3%	$0.00	1.83K	May 1, 2022	Class A Common Stock	166		Direct	F2, F3
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-1.26K	-3.33%	$0.00	36.6K	May 1, 2022	Class A Common Stock	1.26K		Direct	F2, F4
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-1.44K	-25%	$0.00	4.32K	May 1, 2022	Class A Common Stock	1.44K		Direct	F2, F5
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-896	-11.11%	$0.00	7.17K	May 1, 2022	Class A Common Stock	896		Direct	F2, F6
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-98	-2.56%	$0.00	3.73K	May 1, 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 May 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.