Jennifer Nuckles - Sep 14, 2021 Form 4 Insider Report for SoFi Technologies, Inc. (SOFI)

Role
EVP & Group Business Leader
Signature
/s/ Deanna Smith, Attorney-in-Fact
Stock symbol
SOFI
Transactions as of
Sep 14, 2021
Transactions value $
-$605,194
Form type
4
Date filed
9/16/2021, 08:03 PM
Previous filing
Sep 3, 2021
Next filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOFI Common Stock Options Exercise +79.6K +42.35% 268K Sep 14, 2021 Direct F1
transaction SOFI Common Stock Tax liability -$605K -41.5K -15.53% $14.57 226K Sep 14, 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 SOFI Restricted Stock Unit Options Exercise $0 -79.6K -8.84% $0.00 820K Sep 14, 2021 Common Stock 79.6K 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 June 2, 2021.