Anthony Noto - 20 Oct 2021 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Chief Executive Officer, Director
Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
20 Oct 2021
Transactions value $
$0
Form type
4
Filing time
22 Oct 2021, 18:11:36 UTC
Previous filing
28 Sep 2021
Next filing
28 Oct 2021
SEC
View on sec.gov

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 Award $0 +331K +4.84% $0.00 7.16M 20 Oct 2021 Common Stock 7.16M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.
F2 The RSU award will vest as to 165,451 RSUs quarterly in 2023 as follows: 41,363 RSUs on March 14, 2023, 41,363 RSUs on June 14, 2023, 41,363 RSUs on September 14, 2023 and 41,362 RSUs on December 14, 2023, and will vest as to 165,454 RSUs quarterly in 2024 as follows: 41,364 RSUs on March 14, 2024, 41,364 RSUs on June 14, 2024, 41,363 RSUs on September 14, 2024 and 41,363 RSUs on December 14, 2024, subject to the reporting person's continued service with the Issuer through the applicable vesting date.