Siphelele Jiyane - Dec 1, 2023 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Vice President, Controller
Signature
/s/ David Ritenour, Attorney-in-Fact
Stock symbol
AFRM
Transactions as of
Dec 1, 2023
Transactions value $
-$112,031
Form type
4
Date filed
12/5/2023, 06:01 PM
Previous filing
Oct 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Options Exercise $0 +7.41 K +4.53% $0.00 171 K Dec 1, 2023 Direct
transaction AFRM Class A Common Stock Tax liability -$112 K -2.97 K -1.74% $37.67 168 K Dec 1, 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 -3.78 K -27.27% $0.00 10.1 K Dec 1, 2023 Class A Common Stock 3.78 K Direct F3, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -294 -14.97% $0.00 1.67 K Dec 1, 2023 Class A Common Stock 294 Direct F3, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -1.67 K -14.28% $0.00 10 K Dec 1, 2023 Class A Common Stock 1.67 K Direct F3, F6
transaction AFRM Restricted Stock Units Options Exercise $0 -1.67 K -9.09% $0.00 16.7 K Dec 1, 2023 Class A Common Stock 1.67 K Direct F3, F7

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.