Robert S. Lavet - 14 Mar 2024 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
General Counsel
Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Mar 2024
Transactions value $
-$33,664
Form type
4
Filing time
18 Mar 2024, 21:52:38 UTC
Previous filing
08 Feb 2024
Next filing
13 Jun 2024
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 +10.1K +0.67% 1.53M 14 Mar 2024 Direct F1
transaction SOFI Common Stock Tax liability -$33.7K -4.82K -0.32% $6.99 1.52M 15 Mar 2024 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 -10.1K -25% $0.00 30.3K 14 Mar 2024 Common Stock 10.1K 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 March 22, 2023.