Michael Linford - 01 Sep 2021 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role: Chief Financial Officer
Signature: /s/ David Ritenour, Attorney-in-Fact
Issuer symbol: AFRM
Transactions as of: 01 Sep 2021
Net transactions value: -$141,247
Form type: 4
Filing time: 03 Sep 2021, 16:49:33 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		+3,333	+20%		19,739	01 Sep 2021	Direct	F1
transaction	AFRM	Class A Common Stock	Tax liability	$141,247	-1,464	-7.4%	$96.48^*	18,275	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	-3,333	-5.9%	$0.000000	53,334	01 Sep 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 (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 the Reporting Person's tax obligation in connection with the settlement of shares of Class A Common Stock underlying the Reporting Person's RSUs that vested on September 1, 2021.
F3	RSUs vest with respect to the shares of Class A Common Stock underlying the RSUs 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.