Robert S. Lavet - Dec 14, 2023 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
General Counsel
Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Dec 14, 2023
Transactions value $
-$555,666
Form type
4
Date filed
12/18/2023, 08:36 PM
Previous filing
Sep 18, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +138K +9.66% 1.56M Dec 14, 2023 Direct F1
transaction SOFI Common Stock Tax liability -$556K -59.6K -3.81% $9.32 1.5M Dec 15, 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 -138K -77.31% $0.00 40.5K Dec 14, 2023 Common Stock 138K 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, March 25, 2022 and March 22, 2023.