Jeremy Rishel - 14 Mar 2023 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Mar 2023
Net transactions value
-$504,729
Form type
4
Filing time
16 Mar 2023, 19:22:26 UTC
Previous filing
10 Mar 2023
Next filing
11 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +233,927 +144% 395,871 14 Mar 2023 Direct F1
transaction SOFI Common Stock Tax liability $504,729 -94,289 -24% $5.35 301,582 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 -233,927 -7.1% $0.000000 3,041,055 14 Mar 2023 Common Stock 233,927 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 July 20, 2022.