Katherine Adkins - 01 Jun 2022 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Chief Legal Officer
Signature
/s/ David Ritenour, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Jun 2022
Net transactions value
-$20,623
Form type
4
Filing time
03 Jun 2022, 18:05:03 UTC
Previous filing
03 May 2022
Next filing
10 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Options Exercise $0 +2,796 +30% $0.000000 12,251 01 Jun 2022 Direct
transaction AFRM Class A Common Stock Tax liability $20,623 -848 -6.9% $24.32 11,403 01 Jun 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 -2,325 -33% $0.000000 4,650 01 Jun 2022 Class A Common Stock 2,325 Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -166 -2.7% $0.000000 5,960 01 Jun 2022 Class A Common Stock 166 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -305 -2.3% $0.000000 13,112 01 Jun 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.