Katherine Adkins - 01 Apr 2022 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Chief Legal Officer
Signature
/s/ David Ritenour, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Apr 2022
Transactions value $
-$39,525
Form type
4
Filing time
05 Apr 2022, 17:04:28 UTC
Previous filing
03 Mar 2022
Next filing
26 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Options Exercise $0 +2,796 +50% $0 8,355 01 Apr 2022 Direct
transaction AFRM Class A Common Stock Tax liability -$39,525 -848 -10% $46.61 7,507 01 Apr 2022 Direct F1

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 AFRM Restricted Stock Units Options Exercise $0 -2,325 -20% $0 9,300 01 Apr 2022 Class A Common Stock 2,325 Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -166 -2.6% $0 6,291 01 Apr 2022 Class A Common Stock 166 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -305 -2.2% $0 13,722 01 Apr 2022 Class A Common Stock 305 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation in connection with the settlement of shares of Common Stock underlying the Reporting Person's restricted stock units that vested on April 1, 2022.
F2 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 The RSUs vest in 24 equal monthly installments until August 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date.
F4 The RSUs vest in 48 equal monthly installments after June 1, 2021, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
F5 The RSUs vest in 48 equal monthly installments beginning February 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.