Siphelele Jiyane - 01 Oct 2022 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Vice President, Controller
Signature
/s/ David Ritenour, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Oct 2022
Net transactions value
-$27,146
Form type
4
Filing time
04 Oct 2022, 18:07:16 UTC
Previous filing
06 Sep 2022
Next filing
03 Nov 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 +3,535 +4% $0.000000 90,973 01 Oct 2022 Direct
transaction AFRM Class A Common Stock Tax liability $27,146 -1,447 -1.6% $18.76 89,526 01 Oct 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 -14% $0.000000 1,000 01 Oct 2022 Class A Common Stock 167 Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -1,263 -4% $0.000000 30,272 01 Oct 2022 Class A Common Stock 1,263 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -896 -25% $0.000000 2,688 01 Oct 2022 Class A Common Stock 896 Direct F2, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -98 -2.9% $0.000000 3,241 01 Oct 2022 Class A Common Stock 98 Direct F2, F6
transaction AFRM Restricted Stock Units Options Exercise $0 -556 -10% $0.000000 5,000 01 Oct 2022 Class A Common Stock 556 Direct F2, F7
transaction AFRM Restricted Stock Units Options Exercise $0 -555 -2.9% $0.000000 18,890 01 Oct 2022 Class A Common Stock 555 Direct F2, F8
* 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 October 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 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.
F6 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.
F7 RSUs vest with respect to the shares of Class A common stock underlying the RSUs in 12 equal monthly installments beginning August 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
F8 RSUs vest with respect to the shares of Class A common stock underlying the RSUs in 36 equal monthly installments beginning September 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.