Jeremy Rishel - 14 Mar 2024 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
Chief Technology Officer
Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Mar 2024
Transactions value $
-$910,713
Form type
4
Filing time
18 Mar 2024, 21:55:19 UTC
Previous filing
13 Mar 2024
Next filing
21 Mar 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 +233,927 +68.2% 577,177 14 Mar 2024 Direct F1
transaction SOFI Common Stock Tax liability -$910,713 -130,288 -22.6% $6.99 446,889 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 -233,927 -7.94% $0.000000 2,710,527 14 Mar 2024 Common Stock 233,927 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 July 20, 2022.