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

Signature
/s/ David Ritenour, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Dec 2022
Net transactions value
-$44,253
Form type
4
Filing time
05 Dec 2022, 17:04:34 UTC
Previous filing
03 Nov 2022
Next filing
04 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Options Exercise $0 +6,782 +24% $0.000000 34,874 01 Dec 2022 Direct
transaction AFRM Class A Common Stock Tax liability $44,253 -3,071 -8.8% $14.41 31,803 01 Dec 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 -165 -3.2% $0.000000 4,967 01 Dec 2022 Class A Common Stock 165 Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -305 -2.6% $0.000000 11,282 01 Dec 2022 Class A Common Stock 305 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -4,911 -5% $0.000000 93,317 01 Dec 2022 Class A Common Stock 4,911 Direct F2, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -1,401 -2.2% $0.000000 63,061 01 Dec 2022 Class A Common Stock 1,401 Direct F2, F6
* 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 December 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 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.
F4 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.
F5 The RSUs vest in 24 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.
F6 The RSUs vest in 48 equal monthly installments beginning October 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.