Robert S. Lavet - 14 Jun 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
General Counsel
Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Jun 2022
Net transactions value
-$149,528
Form type
4
Filing time
16 Jun 2022, 17:45:43 UTC
Previous filing
25 Mar 2022
Next filing
16 Sep 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 +56,147 +4.1% 1,417,403 14 Jun 2022 Direct F1
transaction SOFI Common Stock Tax liability $149,528 -25,430 -1.8% $5.88 1,391,973 14 Jun 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 -56,147 -14% $0.000000 333,685 14 Jun 2022 Common Stock 56,147 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 sold to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to 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 Forms 4 filed on June 2, 2021 and March 25, 2022.