Siphelele Jiyane - 01 Dec 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 Dec 2023
Net transactions value: -$112,031
Form type: 4
Filing time: 05 Dec 2023, 18:01:52 UTC
Previous filing: 03 Oct 2023
Next filing: 03 Jan 2024
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	+7,411	+4.5%	$0.000000	170,941	01 Dec 2023	Direct
transaction	AFRM	Class A Common Stock	Tax liability	$112,031	-2,974	-1.7%	$37.67	167,967	01 Dec 2023	Direct	F1, 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	-3,784	-27%	$0.000000	10,092	01 Dec 2023	Class A Common Stock	3,784		Direct	F3, F4
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-294	-15%	$0.000000	1,670	01 Dec 2023	Class A Common Stock	294		Direct	F3, F5
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-1,666	-14%	$0.000000	10,001	01 Dec 2023	Class A Common Stock	1,666		Direct	F3, F6
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-1,667	-9.1%	$0.000000	16,667	01 Dec 2023	Class A Common Stock	1,667		Direct	F3, F7

* 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 December 1, 2023.
F2	Includes 1,811 shares of common stock purchased in exempt transactions under the issuer's employee stock purchase plan.
F3	Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F4	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.
F5	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.
F6	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.
F7	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.