Libor Michalek - 01 Aug 2023 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
President, Director
Signature
/s/ David Ritenour, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Aug 2023
Net transactions value
-$15,845
Form type
4
Filing time
03 Aug 2023, 18:04:30 UTC
Previous filing
05 Jul 2023
Next filing
06 Sep 2023
SEC
View on sec.gov

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Quoteable Key Fact

"Libor Michalek filed Form 4 for Affirm Holdings, Inc. (AFRM) on 03 Aug 2023."

Quick Takeaways

  • This page summarizes Libor Michalek's Form 4 filing for Affirm Holdings, Inc. (AFRM).
  • 3 reported transactions and 1 derivative row are listed below.
  • Filing timestamp: 03 Aug 2023, 18:04.

What Changed

  • Previous filing in this sequence was filed on 05 Jul 2023.
  • Current net transaction value: -$15,845.

Why This Matters

  • 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.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Options Exercise $0 +2,335 +2% $0.000000 116,748 01 Aug 2023 Direct
transaction AFRM Class A Common Stock Tax liability $15,845 -808 -0.69% $19.61 115,940 01 Aug 2023 Direct F1
holding AFRM Class A Common Stock 873,294 01 Aug 2023 Michalek 2007 Trust dated March 21, 2007 F2

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 -2,335 -2.6% $0.000000 86,417 01 Aug 2023 Class A Common Stock 2,335 Direct F3, F4
* 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 August 1, 2023.
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.
F3 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F4 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.

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