Anthony Noto - 16 Sep 2024 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Chief Executive Officer, Director
Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
16 Sep 2024
Net transactions value
-$3,920,960
Form type
4
Filing time
18 Sep 2024, 19:35:19 UTC
Previous filing
14 Jun 2024
Next filing
17 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +960,345 +11% 9,535,950 16 Sep 2024 Direct F1
transaction SOFI Common Stock Tax liability $3,920,960 -506,584 -5.3% $7.74 9,029,366 16 Sep 2024 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 -960,345 -17% $0.000000 4,689,031 16 Sep 2024 Common Stock 960,345 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 withheld to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to or sold by 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, October 22, 2021, March 22, 2023 and March 13, 2024.