Stephen Simcock - Jul 8, 2024 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Jul 8, 2024
Transactions value $
$0
Form type
4
Date filed
7/10/2024, 06:00 PM
Previous filing
Jul 5, 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 +1.14M 1.14M Jul 8, 2024 Common Stock 1.14M 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 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.