Robert S. Lavet - 14 Sep 2021 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
General Counsel and Secretary
Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Sep 2021
Transactions value $
-$371,375
Form type
4
Filing time
16 Sep 2021, 20:02:32 UTC
Previous filing
04 Aug 2021
Next filing
16 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +53.7K +4.2% 1.33M 14 Sep 2021 Direct F1
transaction SOFI Common Stock Tax liability -$371K -25.5K -1.91% $14.57 1.31M 14 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 SOFI Restricted Stock Unit Options Exercise $0 -53.7K -13.32% $0.00 349K 14 Sep 2021 Common Stock 53.7K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Shares sold to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to the Reporting Person.
F3 Represents the settlement of a portion of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Form 4 filed on June 2, 2021.