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

Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Sep 16, 2024
Transactions value $
-$1,109,581
Form type
4
Date filed
9/18/2024, 07:35 PM
Previous filing
Jun 21, 2024
Next filing
Sep 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +272K +59.93% 725K Sep 16, 2024 Direct F1
transaction SOFI Common Stock Tax liability -$1.11M -136K -18.7% $8.18 590K Sep 17, 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 -272K -11.14% $0.00 2.17M Sep 16, 2024 Common Stock 272K 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 sold to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to 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 July 20, 2022 and March 13, 2024.