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

Role
Chief Executive Officer, Director
Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Sep 16, 2024
Transactions value $
-$3,920,960
Form type
4
Date filed
9/18/2024, 07:35 PM
Previous filing
Jun 14, 2024
Next filing
Dec 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +960K +11.2% 9.54M Sep 16, 2024 Direct F1
transaction SOFI Common Stock Tax liability -$3.92M -507K -5.31% $7.74 9.03M Sep 16, 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 -960K -17% $0.00 4.69M Sep 16, 2024 Common Stock 960K 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.