Chad M. Borton - Mar 11, 2024 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
President - SoFi Bank
Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Mar 11, 2024
Transactions value $
$0
Form type
4
Date filed
3/13/2024, 08:27 PM
Previous filing
Feb 16, 2024
Next filing
Mar 18, 2024

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 +545K +46.98% 1.7M Mar 11, 2024 Common Stock 545K 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 Represents shares issuable on settlement of RSUs granted to the Reporting Person. The RSU award will vest quarterly in sixteen equal installments over four years beginning with the vesting date in June 2024, in each case, subject to the reporting person's continued service with the Issuer through the applicable vesting date.