Assaf Ronen - 24 Mar 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
24 Mar 2022
Transactions value $
$0
Form type
4
Filing time
25 Mar 2022, 20:11:56 UTC
Previous filing
18 Mar 2022
Next filing
16 Jun 2022

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 -101,627 -15% $0 581,970 24 Mar 2022 Common Stock 101,627 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 Represents shares issuable on settlement of RSUs granted to the Reporting Person. The RSU award will vest as to 25,407 RSUs per quarter (other than the quarterly vesting date in September 2023 when 25,406 RSUs will vest), starting with the quarterly vesting date in March 2023, in equal quarterly installments, subject to the reporting person's continued service with the Issuer through the applicable vesting date, with each installment representing 1/4th of the total number of RSUs originally granted pursuant to this award.