Katherine Adkins - Sep 1, 2024 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Chief Legal Officer
Signature
/s/ Josh Samples, Attorney-in-Fact
Stock symbol
AFRM
Transactions as of
Sep 1, 2024
Transactions value $
-$442,477
Form type
4
Date filed
9/4/2024, 08:28 PM
Previous filing
Aug 5, 2024
Next filing
Sep 18, 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 +22.2K +19.43% $0.00 137K Sep 1, 2024 Direct
transaction AFRM Class A Common Stock Tax liability -$442K -10.1K -7.36% $44.01 126K Sep 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 -166 -10.02% $0.00 1.49K Sep 1, 2024 Class A Common Stock 166 Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -305 -5.88% $0.00 4.88K Sep 1, 2024 Class A Common Stock 305 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -1.4K -4% $0.00 33.6K Sep 1, 2024 Class A Common Stock 1.4K Direct F2, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -20.3K -25% $0.00 61K Sep 1, 2024 Class A Common Stock 20.3K 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 September 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 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.
F6 The RSUs vest in 16 equal quarterly installments beginning September 1, 2024, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.