Chad M. Borton - Sep 19, 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role: President - SoFi Bank
Signature: /s/ Deanna Smith, Attorney-in-Fact
Stock symbol: SOFI
Transactions as of: Sep 19, 2022
Transactions value $: $0
Form type: 4
Date filed: 9/21/2022, 06:17 PM
Previous filing: Sep 16, 2022
Next filing: Nov 16, 2022

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	Restricted Stock Unit	Award		+820K	+171.2%		1.3M	Sep 19, 2022	Common Stock	820K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
F2	The RSU award will vest as to approximately 51,246 RSUs on the vesting date in November 2022 and will then vest as to approximately 51,246 RSUs per quarter in equal quarterly installments for the next fifteen quarters, subject to the reporting person's continued service with the Issuer through the applicable vesting date, with each installment representing 1/16th of the total number of RSUs granted pursuant to this award.

Content

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.

The RSU award will vest as to approximately 51,246 RSUs on the vesting date in November 2022 and will then vest as to approximately 51,246 RSUs per quarter in equal quarterly installments for the next fifteen quarters, subject to the reporting person's continued service with the Issuer through the applicable vesting date, with each installment representing 1/16th of the total number of RSUs granted pursuant to this award.