Siphelele Jiyane - Jun 1, 2023 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role: Vice President, Controller
Signature: /s/ David Ritenour, Attorney-in-Fact
Stock symbol: AFRM
Transactions as of: Jun 1, 2023
Transactions value $: -$9,127
Form type: 4
Date filed: 6/5/2023, 06:02 PM
Previous filing: May 3, 2023
Next filing: Jul 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFRM	Class A Common Stock	Options Exercise	$0	+2.47K	+2.23%	$0.00	113K	Jun 1, 2023	Direct
transaction	AFRM	Class A Common Stock	Tax liability	-$9.13K	-626	-0.55%	$14.58	113K	Jun 1, 2023	Direct	F1

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	-1.26K	-5.89%	$0.00	20.2K	Jun 1, 2023	Class A Common Stock	1.26K		Direct	F2, F3
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-98	-3.84%	$0.00	2.46K	Jun 1, 2023	Class A Common Stock	98		Direct	F2, F4
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-556	-50.05%	$0.00	555	Jun 1, 2023	Class A Common Stock	556		Direct	F2, F5
transaction	AFRM	Restricted Stock Units	Options Exercise	$0	-556	-3.71%	$0.00	14.4K	Jun 1, 2023	Class A Common Stock	556		Direct	F2, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation in connection with the settlement of shares of Common Stock underlying the Reporting Person's restricted stock units that vested on June 1, 2023.
F2	Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3	RSUs vest with respect to the shares of Class A Common Stock underlying the RSUs in equal monthly installments for a period of forty-eight months beginning on October 1, 2020, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F4	RSUs vest with respect to the shares of Class A Common Stock underlying the RSUs in equal monthly installments for a period of forty-eight months beginning on July 1, 2021, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F5	RSUs vest with respect to the shares of Class A common stock underlying the RSUs in 12 equal monthly installments beginning August 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.
F6	RSUs vest with respect to the shares of Class A common stock underlying the RSUs in 36 equal monthly installments beginning September 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.