Sandeep Bhandari - Jun 1, 2021 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role: Chief Risk & Strategy Officer
Signature: /s/ David Ritenour, Attorney-in-Fact
Stock symbol: AFRM
Transactions as of: Jun 1, 2021
Transactions value $: -$103,346
Form type: 4
Date filed: 6/3/2021, 06:11 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFRM	Class A Common Stock	Options Exercise		+3.33K	+5.79%		60.9K	Jun 1, 2021	Direct	F1
transaction	AFRM	Class A Common Stock	Tax liability	-$103K	-1.65K	-2.72%	$62.52	59.2K	Jun 1, 2021	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	AFRM	Restricted Stock Units	Options Exercise	$0	-3.33K	-5%	$0.00	63.3K	Jun 1, 2021	Class A Common Stock	3.33K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2	Represents the number of shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation in connection with the settlement of shares of Class A Common Stock underlying the Reporting Person's restricted stock units that vested on June 1, 2021.
F3	Restricted stock units vest with respect to the shares of Class A Common Stock underlying the restricted stock units in monthly installments for a period of twenty-four months beginning on January 1, 2021, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.