Katherine Adkins - 01 Apr 2024 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Signature
/s/ Josh Samples, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Apr 2024
Net transactions value
-$86,030
Form type
4
Filing time
03 Apr 2024, 18:01:48 UTC
Previous filing
05 Mar 2024
Next filing
03 May 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 +6,784 +6.9% $0.000000 104,651 01 Apr 2024 Direct
transaction AFRM Class A Common Stock Tax liability $86,030 -2,470 -2.4% $34.83 102,181 01 Apr 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 -166 -6.7% $0.000000 2,318 01 Apr 2024 Class A Common Stock 166 Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -305 -4.5% $0.000000 6,404 01 Apr 2024 Class A Common Stock 305 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -4,912 -25% $0.000000 14,736 01 Apr 2024 Class A Common Stock 4,912 Direct F2, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -1,401 -3.3% $0.000000 40,640 01 Apr 2024 Class A Common Stock 1,401 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 April 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 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.