Jeremy Rishel - 18 Jul 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
18 Jul 2022
Transactions value $
$0
Form type
4
Filing time
20 Jul 2022, 21:31:41 UTC
Previous filing
22 Jun 2022
Next filing
28 Oct 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 +3,742,837 $0 3,742,837 18 Jul 2022 Common Stock 3,742,837 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 12.5% of the total RSU award on the quarterly vesting date in December 2022, and as to 6.25% of the total RSU award quarterly in equal installments on each quarterly vesting date thereafter for fourteen quarters, subject to the reporting person's continued service with the Issuer through the applicable vesting date.