Katherine Adkins - 01 Oct 2023 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Chief Legal Officer
Signature
/s/ David Ritenour, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Oct 2023
Net transactions value
-$65,363
Form type
4
Filing time
03 Oct 2023, 18:05:45 UTC
Previous filing
22 Sep 2023
Next filing
03 Nov 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 +6,784 +9.3% $0.000000 79,506 01 Oct 2023 Direct
transaction AFRM Class A Common Stock Tax liability $65,363 -3,073 -3.9% $21.27 76,433 01 Oct 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 -166 -4.8% $0.000000 3,311 01 Oct 2023 Class A Common Stock 166 Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -305 -3.6% $0.000000 8,233 01 Oct 2023 Class A Common Stock 305 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -4,911 -10% $0.000000 44,204 01 Oct 2023 Class A Common Stock 4,911 Direct F2, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -1,402 -2.8% $0.000000 49,047 01 Oct 2023 Class A Common Stock 1,402 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 October 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 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.