Katherine Adkins - 01 Sep 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 Sep 2021
Net transactions value
-$108,829
Form type
4
Filing time
03 Sep 2021, 16:48:35 UTC
Previous filing
03 Aug 2021
Next filing
05 Oct 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 +2,490 +48% 7,668 01 Sep 2021 Direct F1
transaction AFRM Class A Common Stock Tax liability $108,829 -1,128 -15% $96.48* 6,540 01 Sep 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 -4.8% $0.000000 46,485 01 Sep 2021 Class A Common Stock 2,325 Direct F1, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -165 -2.2% $0.000000 7,450 01 Sep 2021 Class A Common Stock 165 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 (RSUs) 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 obligations in connection with the settlement of shares of Common Stock underlying the Reporting Person's RSUs that vested on September 1, 2021.
F3 The RSUs 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 RSUs 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.