Anthony Noto - 26 May 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Chief Executive Officer, Director
Signature
/s/ Deanna Smith, Attorney-in- Fact
Issuer symbol
SOFI
Transactions as of
26 May 2022
Net transactions value
-$368,088
Form type
4
Filing time
31 May 2022, 17:11:16 UTC
Previous filing
24 May 2022
Next filing
01 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +101,663 +3.1% 3,378,558 26 May 2022 Direct F1
transaction SOFI Common Stock Tax liability $368,088 -52,509 -1.6% $7.01 3,326,049 26 May 2022 Direct 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 SOFI Common Stock Options Exercise $0 -101,663 -1.4% $0.000000 7,174,969 26 May 2022 Common Stock 101,663 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Shares withheld to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to or sold by the Reporting Person.
F3 Represents the settlement of a portion of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Form 4 filed on June 2, 2021.