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

Signature
/s/ Josh Samples, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Sep 2024
Net transactions value
-$277,615
Form type
4
Filing time
04 Sep 2024, 20:10:25 UTC
Previous filing
02 Jul 2024
Next filing
03 Dec 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 +15,945 +7.2% $0.000000 237,274 01 Sep 2024 Direct
transaction AFRM Class A Common Stock Tax liability $277,615 -6,308 -2.7% $44.01 230,966 01 Sep 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 -2,524 -100% $0.000000 0 01 Sep 2024 Class A Common Stock 2,524 Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -295 -27% $0.000000 786 01 Sep 2024 Class A Common Stock 295 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -1,667 -25% $0.000000 5,001 01 Sep 2024 Class A Common Stock 1,667 Direct F2, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -1,667 -13% $0.000000 11,667 01 Sep 2024 Class A Common Stock 1,667 Direct F2, F6
transaction AFRM Restricted Stock Units Options Exercise $0 -2,084 -10% $0.000000 18,750 01 Sep 2024 Class A Common Stock 2,084 Direct F2, F7
transaction AFRM Restricted Stock Units Options Exercise $0 -3,333 -9.1% $0.000000 33,334 01 Sep 2024 Class A Common Stock 3,333 Direct F2, F8
transaction AFRM Restricted Stock Units Options Exercise $0 -1,875 -25% $0.000000 5,625 01 Sep 2024 Class A Common Stock 1,875 Direct F2, F9
transaction AFRM Restricted Stock Units Options Exercise $0 -2,500 -8.3% $0.000000 27,500 01 Sep 2024 Class A Common Stock 2,500 Direct F2, F10
* 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 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 equal quarterly installments for a period of three years beginning September 1, 2023, the vesting commencement date, 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 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.
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 June 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 one year beginning September 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F10 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 September 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.