Derek J. White - 14 Jun 2023 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
CEO - Galileo
Signature
/s/ Deanna Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Jun 2023
Transactions value $
$-483,349
Form type
4
Filing time
16 Jun 2023, 18:12:34 UTC
Previous filing
22 Mar 2023
Next filing
18 Sep 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 +114,361 +30.8% 485,230 14 Jun 2023 Direct F1
transaction SOFI Common Stock Tax liability $-483,349 -53,022 -10.9% $9.12 432,208 15 Jun 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 -114,361 -9.82% $0.000000 1,049,665 14 Jun 2023 Common Stock 114,361 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 Forms 4 filed on September 3, 2021 and March 22, 2023.