Siphelele Jiyane - 01 Jan 2023 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 Jan 2023
Net transactions value
-$39,280
Form type
4
Filing time
04 Jan 2023, 17:01:57 UTC
Previous filing
05 Dec 2022
Next filing
03 Feb 2023
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 +13,533 +14% $0.000000 107,241 01 Jan 2023 Direct
transaction AFRM Class A Common Stock Tax liability $39,280 -4,062 -3.8% $9.67 103,179 01 Jan 2023 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 -25% $0.000000 500 01 Jan 2023 Class A Common Stock 167 Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -1,261 -4.5% $0.000000 26,489 01 Jan 2023 Class A Common Stock 1,261 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -896 -100% $0.000000* 0 01 Jan 2023 Class A Common Stock 896 Direct F2, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -98 -3.2% $0.000000 2,946 01 Jan 2023 Class A Common Stock 98 Direct F2, F6
transaction AFRM Restricted Stock Units Options Exercise $0 -10,000 -33% $0.000000 20,000 01 Jan 2023 Class A Common Stock 10,000 Direct F2, F7
transaction AFRM Restricted Stock Units Options Exercise $0 -556 -14% $0.000000 3,333 01 Jan 2023 Class A Common Stock 556 Direct F2, F8
transaction AFRM Restricted Stock Units Options Exercise $0 -555 -3.1% $0.000000 17,224 01 Jan 2023 Class A Common Stock 555 Direct F2, F9
* 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 January 1, 2023.
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 The RSUs vest semi-annually in 25 percent increments beginning July 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 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.
F9 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.