Arun Pinto - 11 Mar 2024 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
11 Mar 2024
Transactions value $
$0
Form type
4
Filing time
13 Mar 2024, 20:28:22 UTC
Previous filing
16 Feb 2024
Next filing
16 Aug 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 +726K 726K 11 Mar 2024 Common Stock 726K 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 as to 12.5% of the total RSU award on the quarterly vesting date in August 2024, and as to 6.25% of the total RSU award quarterly in equal installments on each quarterly vesting date thereafter for fourteen quarters, subject to the reporting person's continued service with the Issuer through the applicable vesting date.