Kelli Keough - 16 Sep 2024 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
EVP, GBUL, SIPS
Signature
/s/ Deanna M. Smith, Attorney-in-Fact
Issuer symbol
SOFI
Transactions as of
16 Sep 2024
Net transactions value
-$431,204
Form type
4
Filing time
18 Sep 2024, 19:34:38 UTC
Previous filing
26 Aug 2024
Next filing
24 Sep 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 +82,643 +72% 197,050 16 Sep 2024 Direct F1
transaction SOFI Common Stock Options Exercise +26,477 +13% 223,527 16 Sep 2024 Direct F1
transaction SOFI Common Stock Tax liability $431,204 -52,708 -24% $8.18 170,819 17 Sep 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 -82,643 -9.1% $0.000000 826,429 16 Sep 2024 Common Stock 82,643 Direct F2, F3
transaction SOFI Restricted Stock Unit Options Exercise $0 -26,477 -6.7% $0.000000 370,674 16 Sep 2024 Common Stock 26,477 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 August 2, 2024.