Anthony Noto - Jul 27, 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Chief Executive Officer, Director
Signature
/s/ Deanna Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Jul 27, 2022
Transactions value $
-$690,500
Form type
4
Date filed
8/30/2022, 07:33 PM
Previous filing
Jun 29, 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 +102K +2.78% 3.76M Jul 27, 2022 Direct F1
transaction SOFI Common Stock Tax liability -$339K -52.5K -1.4% $6.46 3.71M Jul 27, 2022 Direct F2
transaction SOFI Common Stock Options Exercise +102K +2.74% 3.81M Aug 26, 2022 Direct F1
transaction SOFI Common Stock Tax liability -$351K -52.5K -1.38% $6.69 3.76M Aug 26, 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 -102K -1.46% $0.00 6.88M Jul 27, 2022 Common Stock 102K Direct F2, F3
transaction SOFI Common Stock Options Exercise $0 -102K -1.48% $0.00 6.78M Aug 26, 2022 Common Stock 102K 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.