Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SOFI | Restricted Stock Unit | Award | +1.14M | 1.14M | Jul 8, 2024 | Common Stock | 1.14M | Direct | F1, F2 |
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 over a period of four years beginning with the quarterly vesting date in June 2024 (the "vesting commencement date") as follows: twelve and a half percent (12.5%) of the award shall vest six months after the vesting commencement date and six and twenty-five hundredths percent (6.25%) shall vest in equal installments each quarter thereafter for the following fourteen quarters, in each case, subject to the reporting person's continued service with the Issuer through the applicable vesting date. |