Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SOFI | Restricted Stock Unit | Award | +1.03M | 1.03M | Mar 10, 2025 | Common Stock | 1.03M | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. |
F2 | Represents shares issuable on settlement of RSUs granted to the Reporting Person. The RSU award will vest over a period of four years as follows: 1.67% of the award shall vest three months after March 14, 2025, 1.67% shall vest each quarter thereafter for the following two quarters, 15% shall vest each quarter thereafter for the following four quarters, 7.5% shall vest each quarter thereafter for the following four quarters, and 1.25% will vest quarterly thereafter for four quarters, in each case, subject to the reporting person's continued service with the Issuer through the applicable vesting date. |