Softbank Group Corp. - Nov 18, 2021 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Signature
/s/ Natsuko Ohga, Head of Corporate Legal Department of SOFTBANK GROUP CORP
Stock symbol
SOFI
Transactions as of
Nov 18, 2021
Transactions value $
-$486,303,221
Form type
4
Date filed
11/22/2021, 03:43 PM
Previous filing
Nov 12, 2021
Next filing
Feb 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Sale -$486M -22.5M -19.11% $21.60 95.3M Nov 18, 2021 By Delaware Project 10 L.L.C. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Michel Combes and Carlos Carniero de Medeiros, each a member of the board of directors of the Issuer, were elected as representatives of SoftBank Group Corp. and Delaware Project 10 L.L.C. As a result, each of these entities is a director by deputization for Section 16 purposes.
F2 Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.