Arun Pinto - 14 Aug 2024 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
14 Aug 2024
Net transactions value
-$217,321
Form type
4
Filing time
16 Aug 2024, 20:13:15 UTC
Previous filing
13 Mar 2024
Next filing
19 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +90,777 90,777 14 Aug 2024 Direct F1
transaction SOFI Common Stock Tax liability $217,321 -32,006 -35% $6.79 58,771 15 Aug 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 -90,777 -12% $0.000000 635,440 14 Aug 2024 Common Stock 90,777 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 13, 2024.