Robert S. Lavet - 14 Dec 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 Dec 2021
Transactions value $
-$374,713
Form type
4
Filing time
16 Dec 2021, 17:49:31 UTC
Previous filing
16 Sep 2021
Next filing
18 Mar 2022
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 +53,683 +4.1% 1,360,026 14 Dec 2021 Direct F1
transaction SOFI Common Stock Tax liability -$374,713 -25,878 -1.9% $14.48 1,334,148 14 Dec 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 -53,683 -15% $0 295,652 14 Dec 2021 Common Stock 53,683 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.