Chad M. Borton - 14 Mar 2023 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
President - SoFi Bank
Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Mar 2023
Net transactions value
-$53,359
Form type
4
Filing time
16 Mar 2023, 19:20:44 UTC
Previous filing
16 Feb 2023
Next filing
22 Mar 2023
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 +39,911 +19% 252,551 14 Mar 2023 Direct F1
transaction SOFI Common Stock Tax liability $53,359 -9,968 -3.9% $5.35 242,583 15 Mar 2023 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 Restricted Stock Unit Options Exercise $0 -39,911 -3.5% $0.000000 1,116,555 14 Mar 2023 Common Stock 39,911 Direct F1, 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 February 7, 2022.