Katherine Adkins - Jun 1, 2022 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
Jun 1, 2022
Transactions value $
-$20,623
Form type
4
Date filed
6/3/2022, 06:05 PM
Previous filing
May 3, 2022
Next filing
Jun 10, 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 +2.8K +29.57% $0.00 12.3K Jun 1, 2022 Direct
transaction AFRM Class A Common Stock Tax liability -$20.6K -848 -6.92% $24.32 11.4K Jun 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 -2.33K -33.33% $0.00 4.65K Jun 1, 2022 Class A Common Stock 2.33K Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -166 -2.71% $0.00 5.96K Jun 1, 2022 Class A Common Stock 166 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -305 -2.27% $0.00 13.1K Jun 1, 2022 Class A Common Stock 305 Direct F2, 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 June 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 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.
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 48 equal monthly installments beginning February 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.