Robert O'Hare - 01 Mar 2025 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role: Chief Financial Officer
Signature: /s/ Josh Samples, Attorney-in-Fact
Issuer symbol: AFRM
Transactions as of: 01 Mar 2025
Net transactions value: -$402,028
Form type: 4
Filing time: 04 Mar 2025, 18:00:10 UTC
Previous filing: 08 Jan 2025
Next filing: 03 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFRM	Class A Common Stock	Options Exercise	$0	+14,517	+2173%	$0.000000	15,185	01 Mar 2025	Direct
transaction	AFRM	Class A Common Stock	Tax liability	$402,028	-6,267	-41%	$64.15	8,918	01 Mar 2025	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	-1,495	-23%	$0.000000	4,985	01 Mar 2025	Class A Common Stock	1,495		Direct	F2, F3
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-4,545	-18%	$0.000000	21,210	01 Mar 2025	Class A Common Stock	4,545		Direct	F2, F4
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-2,101	-16%	$0.000000	11,212	01 Mar 2025	Class A Common Stock	2,101		Direct	F2, F5
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-5,019	-9.1%	$0.000000	50,187	01 Mar 2025	Class A Common Stock	5,019		Direct	F2, F6
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-1,357	-6.7%	$0.000000	18,992	01 Mar 2025	Class A Common Stock	1,357		Direct	F2, F7

* 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 March 1, 2025.
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 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.
F4	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.
F5	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.
F6	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.
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 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.