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

Role
Executive Vice President
Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Mar 2024
Transactions value $
-$447,031
Form type
4
Filing time
18 Mar 2024, 21:57:56 UTC
Previous filing
18 Dec 2023
Next filing
27 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 +131K +24% 679K 14 Mar 2024 Direct F1
transaction SOFI Common Stock Tax liability -$447K -64K -9.42% $6.99 615K 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 -131K -11.67% $0.00 994K 14 Mar 2024 Common Stock 131K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Aaron Webster is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 June 2, 2021, March 25, 2022, July 20, 2022 and March 22, 2023.