Bashir Ruzwana - Aug 14, 2023 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role: Director
Signature: /s/ Deanna M. Smith, Attorney-in-Fact
Stock symbol: SOFI
Transactions as of: Aug 14, 2023
Transactions value $: $0
Form type: 4
Date filed: 8/16/2023, 08:10 PM
Previous filing: Jun 16, 2023
Next filing: May 23, 2024

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	SOFI	Restricted Stock Unit	Award	$0	+26.2K		$0.00	26.2K	Aug 14, 2023	Common Stock	26.2K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
F2	Reflects a grant of RSUs to Reporting Person, a director of the Issuer, which will vest at the earlier of (i) the next annual shareholder meeting of the Issuer after July 14, 2023 (the "Vesting Commencement Date") or (ii) the 12 month anniversary of the Vesting Commencement Date.