Michael Linford - 01 Sep 2021 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Signature
/s/ David Ritenour, Attorney-in-Fact
Issuer symbol
AFRM
Transactions as of
01 Sep 2021
Transactions value $
-$141,247
Form type
4
Filing time
03 Sep 2021, 16:49:33 UTC
Previous filing
03 Aug 2021
Next filing
05 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Options Exercise +3.33K +20.32% 19.7K 01 Sep 2021 Direct F1
transaction AFRM Class A Common Stock Tax liability -$141K -1.46K -7.42% $96.48 18.3K 01 Sep 2021 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 AFRM Restricted Stock Units Options Exercise $0 -3.33K -5.88% $0.00 53.3K 01 Sep 2021 Class A Common Stock 3.33K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSUs) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 Represents the number of shares of the Issuer's Common Stock withheld to the Reporting Person's tax obligation in connection with the settlement of shares of Class A Common Stock underlying the Reporting Person's RSUs that vested on September 1, 2021.
F3 RSUs vest with respect to the shares of Class A Common Stock underlying the RSUs in monthly installments for a period of twenty-four months beginning on January 1, 2021, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.