Michelle Gill - Jun 14, 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Executive Vice President
Signature
/s/ Deanna Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Jun 14, 2022
Transactions value $
-$971,586
Form type
4
Date filed
6/16/2022, 06:14 PM
Previous filing
May 3, 2022
Next filing
Sep 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +229K +12.92% 2M Jun 14, 2022 Direct F1
transaction SOFI Common Stock Tax liability -$698K -119K -5.93% $5.88 1.88M Jun 14, 2022 Direct F2
transaction SOFI Common Stock Sale -$274K -50K -2.66% $5.48 1.83M Jun 14, 2022 Direct

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 -229K -11.57% $0.00 1.75M Jun 14, 2022 Common Stock 229K 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 June 2, 2021.