Anthony Noto - Sep 14, 2023 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Chief Executive Officer, Director
Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Sep 14, 2023
Transactions value $
-$3,321,991
Form type
4
Date filed
9/18/2023, 08:19 PM
Previous filing
Jun 16, 2023
Next filing
Nov 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +731K +10.68% 7.57M Sep 14, 2023 Direct F1
transaction SOFI Common Stock Tax liability -$3.32M -377K -4.98% $8.80 7.2M Sep 14, 2023 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 Restricted Stock Unit Options Exercise $0 -731K -10.88% $0.00 5.99M Sep 14, 2023 Common Stock 731K 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 Forms 4 filed on June 2, 2021, October 22, 2021 and March 22, 2023.