Siphelele Jiyane - Jan 1, 2024 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Vice President, Controller
Signature
/s/ Josh Samples, Attorney-in-Fact
Stock symbol
AFRM
Transactions as of
Jan 1, 2024
Transactions value $
-$535,479
Form type
4
Date filed
1/3/2024, 06:02 PM
Previous filing
Dec 5, 2023
Next filing
Feb 5, 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 +35K +20.84% $0.00 203K Jan 1, 2024 Direct
transaction AFRM Class A Common Stock Tax liability -$535K -10.9K -5.37% $49.14 192K Jan 1, 2024 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 -25K -50% $0.00 25K Jan 1, 2024 Class A Common Stock 25K Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -10K -100% $0.00* 0 Jan 1, 2024 Class A Common Stock 10K Direct F2, F4
* 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 January 1, 2024.
F2 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 RSUs vest with respect to the shares of Class A Common Stock underlying the restricted stock units in equal quarterly installments for a period of one year beginning July 1, 2023, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F4 The RSUs vest semi-annually in 25 percent increments beginning July 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.