Anthony Noto - 27 Jul 2022 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Chief Executive Officer, Director
Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
27 Jul 2022
Net transactions value
-$690,500
Form type
4
Filing time
30 Aug 2022, 19:33:18 UTC
Previous filing
29 Jun 2022
Next filing
16 Sep 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 +101,664 +2.8% 3,763,719 27 Jul 2022 Direct F1
transaction SOFI Common Stock Tax liability $339,215 -52,510 -1.4% $6.46 3,711,209 27 Jul 2022 Direct F2
transaction SOFI Common Stock Options Exercise +101,663 +2.7% 3,812,872 26 Aug 2022 Direct F1
transaction SOFI Common Stock Tax liability $351,285 -52,509 -1.4% $6.69 3,760,363 26 Aug 2022 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 Common Stock Options Exercise $0 -101,664 -1.5% $0.000000 6,876,790 27 Jul 2022 Common Stock 101,664 Direct F2, F3
transaction SOFI Common Stock Options Exercise $0 -101,663 -1.5% $0.000000 6,775,127 26 Aug 2022 Common Stock 101,663 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 withheld to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to or sold by 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.