Katherine Adkins - Aug 1, 2021 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Chief Legal Officer
Signature
/s/ David Ritenour, Attorney-in-Fact
Stock symbol
AFRM
Transactions as of
Aug 1, 2021
Transactions value $
-$63,585
Form type
4
Date filed
8/3/2021, 09:06 PM
Previous filing
Jul 6, 2021
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Options Exercise +2.49K +65.28% 6.31K Aug 1, 2021 Direct F1
transaction AFRM Class A Common Stock Tax liability -$63.6K -1.13K -17.9% $56.32 5.18K Aug 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 -2.33K -7.69% $0.00 27.9K Aug 1, 2021 Class A Common Stock 2.33K Direct F1, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -166 -2.13% $0.00 7.62K Aug 1, 2021 Class A Common Stock 166 Direct F1, F4
* 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 Common Stock underlying the Reporting Person's restricted stock units that vested on August 1, 2021.
F3 The restricted stock units vest in 24 equal monthly installments until August 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date.
F4 The restricted stock units vest in 48 equal monthly installments after June 1, 2021, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.