Michelle Gill - 14 Jun 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Jun 2022
Net transactions value
-$971,586
Form type
4
Filing time
16 Jun 2022, 18:14:29 UTC
Previous filing
03 May 2022
Next filing
16 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +228,755 +13% 1,999,860 14 Jun 2022 Direct F1
transaction SOFI Common Stock Tax liability $697,586 -118,637 -5.9% $5.88 1,881,223 14 Jun 2022 Direct F2
transaction SOFI Common Stock Sale $274,000 -50,000 -2.7% $5.48 1,831,223 14 Jun 2022 Direct

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 Common Stock Options Exercise $0 -228,755 -12% $0.000000 1,748,257 14 Jun 2022 Common Stock 228,755 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.