Chad M. Borton - May 15, 2023 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role: President - SoFi Bank
Signature: /s/ Deanna Smith, Attorney-in-Fact
Stock symbol: SOFI
Transactions as of: May 15, 2023
Transactions value $: -$101,233
Form type: 4
Date filed: 5/17/2023, 07:47 PM
Previous filing: Mar 22, 2023
Next filing: Jun 16, 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		+51.2K	+21.13%		294K	May 15, 2023	Direct	F1
transaction	SOFI	Common Stock	Tax liability	-$101K	-21.4K	-7.29%	$4.73	272K	May 16, 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	-51.2K	-3.19%	$0.00	1.56M	May 15, 2023	Common Stock	51.2K		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 September 21, 2022.