Siphelele Jiyane - 01 Sep 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 Sep 2023
Net transactions value: -$65,143
Form type: 4
Filing time: 06 Sep 2023, 18:02:07 UTC
Previous filing: 03 Aug 2023
Next filing: 03 Oct 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	+7,412	+5.2%	$0.000000	149,537	01 Sep 2023	Direct
transaction	AFRM	Class A Common Stock	Tax liability	$65,143	-2,980	-2%	$21.86	146,557	01 Sep 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	-3,784	-21%	$0.000000	13,876	01 Sep 2023	Class A Common Stock	3,784		Direct	F2, F3
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-295	-13%	$0.000000	1,964	01 Sep 2023	Class A Common Stock	295		Direct	F2, F4
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-1,667	-13%	$0.000000	11,667	01 Sep 2023	Class A Common Stock	1,667		Direct	F2, F5
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-1,666	-8.3%	$0.000000	18,334	01 Sep 2023	Class A Common Stock	1,666		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 September 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	With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from October 1, 2020 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
F4	With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from July 1, 2021 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
F5	With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from September 1, 2022 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.
F6	Grant of Restricted Stock Units (RSUs) under the Issuer's Amended and Restated 2012 Stock Plan. The RSUs vest in twelve quarterly installments beginning September 1, 2023.