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

Role
General Counsel
Signature
/s/ Deanna Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Sep 14, 2022
Transactions value $
-$154,462
Form type
4
Date filed
9/16/2022, 08:06 PM
Previous filing
Jun 16, 2022
Next filing
Dec 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +56.2K +4.03% 1.45M Sep 14, 2022 Direct F1
transaction SOFI Common Stock Tax liability -$154K -26.4K -1.83% $5.84 1.42M Sep 14, 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 -56.2K -16.83% $0.00 278K Sep 14, 2022 Common Stock 56.2K 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.