Katherine Adkins - 01 Aug 2021 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Chief Legal Officer
Signature
/s/ David Ritenour, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Aug 2021
Net transactions value
-$63,585
Form type
4
Filing time
03 Aug 2021, 21:06:49 UTC
Previous filing
06 Jul 2021
Next filing
03 Sep 2021
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 +2,491 +65% 6,307 01 Aug 2021 Direct F1
transaction AFRM Class A Common Stock Tax liability $63,585 -1,129 -18% $56.32 5,178 01 Aug 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 -2,325 -7.7% $0.000000 27,900 01 Aug 2021 Class A Common Stock 2,325 Direct F1, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -166 -2.1% $0.000000 7,615 01 Aug 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.