Robert O'Hare - 01 Dec 2024 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Reporting relationship: Chief Financial Officer
Issuer ticker: AFRM
Reported as of: 01 Dec 2024
Net transaction value: -$1,299,864
SEC form: 4
Accepted by SEC: 03 Dec 2024, 18:06:52 UTC
Prior SEC filing: 25 Nov 2024
Next SEC filing: 03 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/ Josh Samples, Attorney-in-Fact

Filing notes and source

Key filing fact

Robert O'Hare filed Form 4 for Affirm Holdings, Inc. (AFRM) on 03 Dec 2024.

Key facts

This page summarizes Robert O'Hare's Form 4 filing for Affirm Holdings, Inc. (AFRM).
20 reported transactions and 9 derivative rows are listed below.
Accepted by SEC: 03 Dec 2024, 18:06.

Change

Previous filing in this sequence was filed on 25 Nov 2024.
Current net transaction value: -$1,299,864.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AFRM transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +14,517
Change %
Price: $0.000000
Shares after: 14,517
Date: 01 Dec 2024
Ownership: Direct

AFRM transaction

Class A Common Stock

Tax liability

Transaction value: -$515,274
Shares: -7,360
Change %: -51%
Price: $70.01
Shares after: 7,157
Date: 01 Dec 2024
Ownership: Direct
Footnotes: F1

AFRM transaction

Class A Common Stock

Options Exercise

Transaction value: $38,999
Shares: +933
Change %: +13%
Price: $41.80
Shares after: 8,090
Date: 02 Dec 2024
Ownership: Direct
Footnotes: F2

AFRM transaction

Class A Common Stock

Options Exercise

Transaction value: $48,768
Shares: +2,837
Change %: +35%
Price: $17.19
Shares after: 10,927
Date: 02 Dec 2024
Ownership: Direct
Footnotes: F2

AFRM transaction

Class A Common Stock

Options Exercise

Transaction value: $28,544
Shares: +1,280
Change %: +12%
Price: $22.30
Shares after: 12,207
Date: 02 Dec 2024
Ownership: Direct
Footnotes: F2

AFRM transaction

Class A Common Stock

Options Exercise

Transaction value: $56,647
Shares: +2,426
Change %: +20%
Price: $23.35
Shares after: 14,633
Date: 02 Dec 2024
Ownership: Direct
Footnotes: F2

AFRM transaction

Class A Common Stock

Sale

Transaction value: -$743,923
Shares: -10,932
Change %: -75%
Price: $68.05
Shares after: 3,701
Date: 02 Dec 2024
Ownership: Direct
Footnotes: F2, F3

AFRM transaction

Class A Common Stock

Sale

Transaction value: -$62,019
Shares: -900
Change %: -24%
Price: $68.91
Shares after: 2,801
Date: 02 Dec 2024
Ownership: Direct
Footnotes: F2, F4

AFRM transaction

Class A Common Stock

Sale

Transaction value: -$70,270
Shares: -1,000
Change %: -36%
Price: $70.27
Shares after: 1,801
Date: 02 Dec 2024
Ownership: Direct
Footnotes: F2, F5

AFRM transaction

Class A Common Stock

Sale

Transaction value: -$7,075
Shares: -100
Change %: -5.6%
Price: $70.75
Shares after: 1,701
Date: 02 Dec 2024
Ownership: Direct
Footnotes: F2

AFRM transaction

Class A Common Stock

Sale

Transaction value: -$74,262
Shares: -1,033
Change %: -61%
Price: $71.89
Shares after: 668
Date: 02 Dec 2024
Ownership: Direct
Footnotes: F2, F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AFRM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,495
Change %: -19%
Price: $0.000000
Shares after: 6,480
Date: 01 Dec 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,495
Exercise price
Footnotes: F7, F8

AFRM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -4,545
Change %: -15%
Price: $0.000000
Shares after: 25,755
Date: 01 Dec 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 4,545
Exercise price
Footnotes: F7, F9

AFRM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -2,102
Change %: -14%
Price: $0.000000
Shares after: 13,313
Date: 01 Dec 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 2,102
Exercise price
Footnotes: F7, F10

AFRM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -5,019
Change %: -8.3%
Price: $0.000000
Shares after: 55,206
Date: 01 Dec 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,019
Exercise price
Footnotes: F7, F11

AFRM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,356
Change %: -6.2%
Price: $0.000000
Shares after: 20,349
Date: 01 Dec 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,356
Exercise price
Footnotes: F7, F12

AFRM transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -933
Change %: -6.3%
Price: $0.000000
Shares after: 13,989
Date: 02 Dec 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 933
Exercise price: $41.80
Footnotes: F2, F13

AFRM transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -2,837
Change %: -5%
Price: $0.000000
Shares after: 53,900
Date: 02 Dec 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 2,837
Exercise price: $17.19
Footnotes: F2, F14

AFRM transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -1,280
Change %: -4.5%
Price: $0.000000
Shares after: 26,874
Date: 02 Dec 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,280
Exercise price: $22.30
Footnotes: F2, F15

AFRM transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -2,426
Change %: -2.9%
Price: $0.000000
Shares after: 80,066
Date: 02 Dec 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 2,426
Exercise price: $23.35
Footnotes: F2, F16

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 16 footnotes

Footnote 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 December 1, 2024.

Footnote F2

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2024.

Footnote F3

Represents the weighted average sale price of the shares sold from $67.43 to $68.41 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F4

Represents the weighted average sale price of the shares sold from $68.47 to $69.46 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F5

Represents the weighted average sale price of the shares sold from $69.74 to $70.62 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F6

Represents the weighted average sale price of the shares sold from $71.89 to $71.94 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F7

Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Footnote F8

With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from April 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.

Footnote F9

With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from August 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.

Footnote F10

With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from October 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.

Footnote F11

The RSUs vest as to 25% of the shares on September 1, 2024 and the remainder vest in 12 equal quarterly installments over the subsequent three years, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.

Footnote F12

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 four years beginning December 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.

Footnote F13

The stock options vest in 48 equal monthly installments beginning April 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date.

Footnote F14

The stock options vest in 48 equal monthly installments beginning August 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date.

Footnote F15

The stock options 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.

Footnote F16

The stock options vest as to 25% of the underlying shares on September 1, 2024 and the remainder vest in 36 equal monthly installments over the subsequent three years subject to the Reporting Person's continuous service with the Issuer as of each vesting date.