| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SOFI | Common Stock | Award | +2,202,952 | 2,202,952 | 28 May 2021 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SOFI | Stock Options (right to buy) | Award | +5,228,400 | 5,228,400 | 28 May 2021 | Common Stock | 5,228,400 | $6.19 | Direct | F2, F3 | |||
| transaction | SOFI | Stock Options (right to buy) | Award | +6,448,360 | 6,448,360 | 28 May 2021 | Common Stock | 6,448,360 | $9.86 | Direct | F4, F5 | |||
| transaction | SOFI | Warrant (right to buy) | Award | +22,581 | 22,581 | 28 May 2021 | Common Stock | 22,581 | $8.86 | Direct | F6, F7 | |||
| transaction | SOFI | Restricted Stock Unit | Award | $0 | +2,236,592 | $0 | 2,236,592 | 28 May 2021 | Common Stock | 2,236,592 | Direct | F8, F9 | ||
| transaction | SOFI | Restricted Stock Unit | Award | $0 | +1,517,649 | $0 | 1,517,649 | 28 May 2021 | Common Stock | 1,517,649 | Direct | F10, F11 | ||
| transaction | SOFI | Restricted Stock Unit | Award | $0 | +3,774,599 | $0 | 3,774,599 | 28 May 2021 | Common Stock | 3,774,599 | Direct | F12, F13 |
| Id | Content |
|---|---|
| F1 | Received in connection with the Issuer's business combination (the "Business Combination") with Social Finance, Inc. ("Legacy SoFi") in accordance with the terms of the Agreement and Plan of Merger, dated as of January 7, 2021, as amended on March 16, 2021, by and among the Issuer (f/k/a Social Capital Hedosophia Holdings Corp. V), Plutus Merger Sub Inc. ("Merger Sub") and Legacy SoFi (the "Merger Agreement"), pursuant to which Merger Sub merged with and into Legacy SoFi, with Legacy SoFi surviving the merger as a wholly-owned subsidiary of the Issuer. |
| F2 | 100% of the option is immediately exercisable. The option vested as to 20% of the total number of shares on March 13, 2019, and thereafter vested and shall continue to vest as to 1/60th of the total number of shares in equal monthly installments, subject to the reporting person's continued service with the Issuer through the applicable vesting date. |
| F3 | Received in connection with the Business Combination in exchange for options to acquire 3,000,000 shares of common stock of Legacy SoFi for $10.78 per share. |
| F4 | 100% of the option is immediately exercisable. The option vested as to 20% of the total number of shares on March 13, 2019, and thereafter vested and shall continue to vest as to 1/60th of the total number of shares in equal monthly installments, subject to the reporting person's continued service with the Issuer through the applicable vesting date. |
| F5 | Received in connection with the Business Combination in exchange for options to acquire 3,700,000 shares of common stock of Legacy SoFi for $17.18 per share. |
| F6 | The warrant is immediately exercisable in full. |
| F7 | Received in connection with the Business Combination in exchange for warrants to acquire 12,957 shares of Series H Preferred Stock of Legacy SoFi for $15.4362 per share. |
| F8 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. |
| F9 | In connection with the Business Combination, the unvested portion of this Legacy SoFi outstanding RSU award was converted into an RSU award denominated in shares of the Issuer's common stock. The unvested portion of the outstanding RSU award will continue to vest as to 101,663 RSUs per month in equal monthly installments, subject to the reporting person's continued service with the Issuer through the applicable vesting date, with each monthly installment representing 1/60th of the total number of RSUs originally granted pursuant to this award, as such total number was converted in the Business Combination. |
| F10 | Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. |
| F11 | In connection with the Business Combination, the unvested portion of this Legacy SoFi outstanding RSU award was converted into an RSU award denominated in shares of the Issuer's common stock. The unvested portion of the outstanding RSU award will continue to vest as to 94,853 RSUs per quarter in equal quarterly installments, subject to the reporting person's continued service with the Issuer through the applicable vesting date, with each quarterly installment representing 1/20th of the total number of RSUs originally granted pursuant to this award, as such total number was converted in the Business Combination. |
| F12 | Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. |
| F13 | In connection with the Business Combination, the unvested portion of this Legacy SoFi outstanding RSU award was converted into an RSU award denominated in shares of the Issuer's common stock. The unvested portion of the outstanding RSU award will vest as to 425,172 RSUs per quarter in equal quarterly installments for four quarters commencing on March 14, 2023 and as to 518,478 RSUs per quarter in equal quarterly installments for four quarters commencing on March 14, 2024, in each case subject to the reporting person's continued service with the Issuer through the applicable vesting date. |