Key facts
- This page summarizes SLTA IV (GP), L.L.C.'s Form 4 filing for SoFi Technologies, Inc. (SOFI).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 24 Apr 2024, 17:37.
SLTA IV (GP), L.L.C. - 22 Apr 2024 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)
- Reporting relationship
- Director
- Issuer ticker
- SOFI
- Reported as of
- 22 Apr 2024
- Net transaction value
- -$23,963,416
- SEC form
- 4
- Accepted by SEC
- 24 Apr 2024, 17:37:04 UTC
- Prior SEC filing
- 10 Apr 2024
- Next SEC filing
- 24 May 2024
- Source filing
- View source filing
- Reporting owner signature
- By: /s/ Andrew J. Schader; Managing Director and General Counsel of Silver Lake Group, L.L.C.
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
SLTA IV (GP), L.L.C. filed Form 4 for SoFi Technologies, Inc. (SOFI) on 24 Apr 2024.
Change
- Previous filing in this sequence was filed on 10 Apr 2024.
- Current net transaction value: -$23,963,416.
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
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SOFI
transaction
Series 1 Redeemable Preferred Stock
Disposed to Issuer
- Transaction value
- $23,570,437
- Shares
- -224,261
- Change %
- -100%
- Price
- $105.10*
- Shares after
- 0
- Date
- 22 Apr 2024
- Ownership
- Held through Silver Lake Partners IV, L.P.
- Footnotes
- F1, F2, F4
SOFI
transaction
Series 1 Redeemable Preferred Stock
Disposed to Issuer
- Transaction value
- $392,979
- Shares
- -3,739
- Change %
- -100%
- Price
- $105.10*
- Shares after
- 0
- Date
- 22 Apr 2024
- Ownership
- Held through Silver Lake Technology Investors IV (Delaware II), L.P.
- Footnotes
- F1, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
On April 22, 2024, SoFi Technologies, Inc. (the "Issuer") issued notification of the redemption of shares of its Series 1 Redeemable Preferred Stock for $105.1027 per share, which payment will be made on May 29, 2024.
Footnote F2
These securities were directly owned by Silver Lake Partners IV, L.P. ("SLP IV").
Footnote F3
These securities were directly owned by Silver Lake Technology Investors IV (Delaware II), L.P. ("SLTI IV").
Footnote F4
Silver Lake Technology Associates IV, L.P. ("SLTA IV") is the general partner of SLP IV and SLTI IV. The general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"), the managing member of which is Silver Lake Group, L.L.C. ("SLG"). Michael Bingle is a director of the Issuer and Vice Chairman of SLG. Each of SLP IV, SLTI IV, SLTA IV, SLTA IV GP and SLG may be deemed to be a director by deputization of the Issuer.
SEC remarks
The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, or are subject to Section 16 of the Exchange Act, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any. This Form 4 does not include shares of Common Stock beneficially owned by the Reporting Persons, which have separately been previously reported on Form 4 filings.