Delaware Project 10 L.L.C. - 21 Jul 2021 Form 3 Insider Report for SoFi Technologies, Inc. (SOFI)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
3
Accepted by SEC
23 Jul 2021, 17:45:00 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michel Combes, Manager of DELAWARE PROJECT 10 L.L.C.

Key filing fact

Delaware Project 10 L.L.C. filed Form 3 for SoFi Technologies, Inc. (SOFI) on 23 Jul 2021.

Key facts

  • This page summarizes Delaware Project 10 L.L.C.'s Form 3 filing for SoFi Technologies, Inc. (SOFI).
  • 0 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 23 Jul 2021, 17:45.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SOFI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
117,795,933
Date
21 Jul 2021
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The shares were originally held by SoftBank Group Capital Ltd. ("SBGC") and SB Sonic HoldCo (UK) Limited ("SB Sonic"), wholly owned subsidiaries of SoftBank Group Corp. ("SoftBank"). On July 21, 2021, SoftBank transferred the shares held by SBGC and SB Sonic to Delaware Project 10 L.L.C. ("DE Project 10"), also a wholly owned subsidiary of SoftBank.

Footnote F2

Michel Combes and Carlos Carniero de Medeiros, each a member of the board of directors of the Issuer, were elected as representatives of SoftBank, SBGC, SB Sonic, and now DE Project 10. Messrs. Combes and Medeiros serve as managers of DE Project 10 and in other roles at SoftBank entities. As a result, each of these entities is a director by deputization for Section 16 purposes.

Footnote F3

The shares are directly held by DE Project 10. SoftBank may be deemed to have voting and dispositive power with respect to the shares held by DE Project 10. SoftBank disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

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