Derek J. White - 14 Jun 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
CEO - Galileo
Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Jun 2022
Net transactions value
-$181,616
Form type
4
Filing time
16 Jun 2022, 17:54:13 UTC
Previous filing
17 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 +69,438 +32% 287,466 14 Jun 2022 Direct F1
transaction SOFI Common Stock Tax liability $181,616 -30,887 -11% $5.88 256,579 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 -69,438 -7.7% $0.000000 833,256 14 Jun 2022 Common Stock 69,438 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 Form 4 filed on September 3, 2021.