SANDEEP BHANDARI - 01 Jun 2021 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role: Chief Risk & Strategy Officer
Signature: /s/ David Ritenour, Attorney-in-Fact
Issuer symbol: AFRM
Transactions as of: 01 Jun 2021
Net transactions value: -$103,346
Form type: 4
Filing time: 03 Jun 2021, 18:11:13 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFRM	Class A Common Stock	Options Exercise		+3,333	+5.8%		60,880	01 Jun 2021	Direct	F1
transaction	AFRM	Class A Common Stock	Tax liability	$103,346	-1,653	-2.7%	$62.52	59,227	01 Jun 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	-3,333	-5%	$0.000000	63,334	01 Jun 2021	Class A Common Stock	3,333		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.