Anthony Noto - 14 Sep 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Sep 2022
Net transactions value
-$286,119
Form type
4
Filing time
16 Sep 2022, 20:07:51 UTC
Previous filing
30 Aug 2022
Next filing
28 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +94,854 +2.5% 3,855,217 14 Sep 2022 Direct F1
transaction SOFI Common Stock Tax liability $286,119 -48,993 -1.3% $5.84 3,806,224 14 Sep 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 -94,854 -1.4% $0.000000 6,680,273 14 Sep 2022 Common Stock 94,854 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.