Keith Rabois - Nov 1, 2022 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Director
Signature
/s/ David Ritenour, Attorney-in-Fact
Stock symbol
AFRM
Transactions as of
Nov 1, 2022
Transactions value $
-$346,438
Form type
4
Date filed
11/3/2022, 06:59 PM
Previous filing
Jan 5, 2022
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Sale -$283 K -14.3 K -13.76% $19.85 89.5 K Nov 1, 2022 Direct F1, F2, F3
transaction AFRM Class A Common Stock Sale -$58.9 K -2.82 K -3.15% $20.90 86.6 K Nov 1, 2022 Direct F1, F4
transaction AFRM Class A Common Stock Sale -$4.31 K -200 -0.23% $21.55 86.4 K Nov 1, 2022 Direct F1, F5
holding AFRM Class A Common Stock 75 K Nov 1, 2022 By FF Affirm Growth, LLC F6
holding AFRM Class A Common Stock 1.49 M Nov 1, 2022 By The Founders Fund Growth, LP F6
holding AFRM Class A Common Stock 60.4 K Nov 1, 2022 By The Founders Fund Growth Principals Fund, LP F6

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2022.
F2 Represents the weighted average sale price of the shares sold from $19.45 to $20.42 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Reflects the receipt of 79,752 shares of Class A Common Stock pursuant to multiple pro rata distribution effected by Khosla Ventures to its members, including the Reporting Person, for no additional consideration.
F4 Represents the weighted average sale price of the shares sold from $20.45 to $21.40 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 Represents the weighted average sale price of the shares sold from $21.52 to $21.57 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The Reporting Person has shared voting and investment power over the shares held by each of The Founders Fund Growth, LP, The Founders Fund Growth Principals Fund, LP and FF Affirm Growth, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.