Siphelele Jiyane - 01 Mar 2024 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role: Vice President, Controller
Signature: /s/ Josh Samples, Attorney-in-Fact
Issuer symbol: AFRM
Transactions as of: 01 Mar 2024
Net transactions value: -$144,058
Form type: 4
Filing time: 05 Mar 2024, 18:02:15 UTC
Previous filing: 05 Feb 2024
Next filing: 08 Mar 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	+9,495	+4.9%	$0.000000	201,565	01 Mar 2024	Direct
transaction	AFRM	Class A Common Stock	Tax liability	$144,058	-3,790	-1.9%	$38.01	197,775	01 Mar 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	-3,784	-37%	$0.000000	6,308	01 Mar 2024	Class A Common Stock	3,784		Direct	F2, F3
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-295	-18%	$0.000000	1,375	01 Mar 2024	Class A Common Stock	295		Direct	F2, F4
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-1,667	-17%	$0.000000	8,334	01 Mar 2024	Class A Common Stock	1,667		Direct	F2, F5
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-1,666	-10%	$0.000000	15,001	01 Mar 2024	Class A Common Stock	1,666		Direct	F2, F6
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-2,083	-8.3%	$0.000000	22,917	01 Mar 2024	Class A Common Stock	2,083		Direct	F2, 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 March 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	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.
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.
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	RSUs vest with respect to the shares of Class A Common Stock underlying the restricted stock units in twelve quarterly installments beginning September 1, 2023, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F7	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 three years beginning March 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.