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

Role
Chief Accounting Officer
Signature
/s/ Josh Samples, Attorney-in-Fact
Stock symbol
AFRM
Transactions as of
Jun 1, 2024
Transactions value $
-$149,218
Form type
4
Date filed
6/3/2024, 06:15 PM
Previous filing
Apr 3, 2024
Next filing
Jul 2, 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 +12,827 +6.01% $0.00 226,427 Jun 1, 2024 Direct
transaction AFRM Class A Common Stock -Tax liability -$149,218 -5,098 -2.25% $29.27 221,329 Jun 1, 2024 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 -59.99% $0.00 2,524 Jun 1, 2024 Class A Common Stock 3,784 Direct F3, F4
transaction AFRM Restricted Stock Units -Options Exercise $0 -294 -21.38% $0.00 1,081 Jun 1, 2024 Class A Common Stock 294 Direct F3, F5
transaction AFRM Restricted Stock Units -Options Exercise $0 -1,666 -19.99% $0.00 6,668 Jun 1, 2024 Class A Common Stock 1,666 Direct F3, F6
transaction AFRM Restricted Stock Units -Options Exercise $0 -1,667 -11.11% $0.00 13,334 Jun 1, 2024 Class A Common Stock 1,667 Direct F3, F7
transaction AFRM Restricted Stock Units -Options Exercise $0 -2,083 -9.09% $0.00 20,834 Jun 1, 2024 Class A Common Stock 2,083 Direct F3, F8
transaction AFRM Restricted Stock Units -Options Exercise $0 -3,333 -8.33% $0.00 36,667 Jun 1, 2024 Class A Common Stock 3,333 Direct F3, F9

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 June 1, 2024.
F2 Includes 663 shares of common stock purchased in an exempt transaction 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.
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.
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.
F8 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.
F9 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 June 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.