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

Role
CEO - Galileo
Signature
/s/ Deanna Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Sep 14, 2022
Transactions value $
-$187,353
Form type
4
Date filed
9/16/2022, 08:08 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 +69.4K +27.06% 326K Sep 14, 2022 Direct F1
transaction SOFI Common Stock Tax liability -$187K -32.1K -9.84% $5.84 294K 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 -69.4K -8.33% $0.00 764K Sep 14, 2022 Common Stock 69.4K 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.