Key facts
- This page summarizes Libor Michalek's Form 4 filing for Affirm Holdings, Inc. (AFRM).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 06 Jul 2022, 18:44.
Libor Michalek - 01 Jul 2022 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)
- Reporting relationship
- President, Tech., Risk & Ops, Director
- Issuer ticker
- AFRM
- Reported as of
- 01 Jul 2022
- Net transaction value
- -$25,115
- SEC form
- 4
- Accepted by SEC
- 06 Jul 2022, 18:44:04 UTC
- Prior SEC filing
- 10 Jun 2022
- Next SEC filing
- 20 Sep 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ David Ritenour, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Libor Michalek filed Form 4 for Affirm Holdings, Inc. (AFRM) on 06 Jul 2022.
Change
- Previous filing in this sequence was filed on 10 Jun 2022.
- Current net transaction value: -$25,115.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AFRM
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +4,224
- Change %
- +5%
- Price
- $0.000000
- Shares after
- 88,414
- Date
- 01 Jul 2022
- Ownership
- Direct
AFRM
transaction
Class A Common Stock
Tax liability
- Transaction value
- $25,115
- Shares
- -1,461
- Change %
- -1.7%
- Price
- $17.19
- Shares after
- 86,953
- Date
- 01 Jul 2022
- Ownership
- Direct
- Footnotes
- F1
AFRM
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 875,504
- Date
- 01 Jul 2022
- Ownership
- Michalek 2007 Trust dated March 21, 2007
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AFRM
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -4,224
- Change %
- -4.5%
- Price
- $0.000000
- Shares after
- 90,123
- Date
- 01 Jul 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 4,224
- Exercise price
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote 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 July 1, 2022.
Footnote F2
The shares are held by the Michalek 2007 Family Trust dated March 21, 2007. The Reporting Person and his spouse are trustees of the trust.
Footnote F3
Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Footnote F4
Restricted stock unit grant vests over four and one-half years, commencing as of January 1, 2021, the vesting commencement date. The first 5% of the shares vest on the six-month anniversary of the vesting commencement date, and the remainder of the shares vest in quarterly installments over the remaining four years, in annual aggregate amounts equal to 15%, 20%, 30% and 30%, respectively, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.