Siphelele Jiyane - Sep 1, 2024 Form 4 Insider Report for Affirm Holdings, Inc. (AFRM)

Role
Chief Accounting Officer
Signature
/s/ Josh Samples, Attorney-in-Fact
Stock symbol
AFRM
Transactions as of
Sep 1, 2024
Transactions value $
-$277,615
Form type
4
Date filed
9/4/2024, 08:10 PM
Previous filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFRM Class A Common Stock Options Exercise $0 +15.9K +7.2% $0.00 237K Sep 1, 2024 Direct
transaction AFRM Class A Common Stock Tax liability -$278K -6.31K -2.66% $44.01 231K Sep 1, 2024 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 -2.52K -100% $0.00 0 Sep 1, 2024 Class A Common Stock 2.52K Direct F2, F3
transaction AFRM Restricted Stock Units Options Exercise $0 -295 -27.29% $0.00 786 Sep 1, 2024 Class A Common Stock 295 Direct F2, F4
transaction AFRM Restricted Stock Units Options Exercise $0 -1.67K -25% $0.00 5K Sep 1, 2024 Class A Common Stock 1.67K Direct F2, F5
transaction AFRM Restricted Stock Units Options Exercise $0 -1.67K -12.5% $0.00 11.7K Sep 1, 2024 Class A Common Stock 1.67K Direct F2, F6
transaction AFRM Restricted Stock Units Options Exercise $0 -2.08K -10% $0.00 18.8K Sep 1, 2024 Class A Common Stock 2.08K Direct F2, F7
transaction AFRM Restricted Stock Units Options Exercise $0 -3.33K -9.09% $0.00 33.3K Sep 1, 2024 Class A Common Stock 3.33K Direct F2, F8
transaction AFRM Restricted Stock Units Options Exercise $0 -1.88K -25% $0.00 5.63K Sep 1, 2024 Class A Common Stock 1.88K Direct F2, F9
transaction AFRM Restricted Stock Units Options Exercise $0 -2.5K -8.33% $0.00 27.5K Sep 1, 2024 Class A Common Stock 2.5K Direct F2, F10
* 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 September 1, 2024.
F2 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from October 1, 2020 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F4 With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from July 1, 2021 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F5 With respect to the shares of Class A Common Stock underlying the RSUs, the RSUs vested in equal monthly installments from September 1, 2022 until August 1, 2023. Beginning September 1, 2023, the RSUs vest in equal quarterly installments, subject to the Reporting Person's continued employment 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 restricted stock units in equal quarterly installments for a period of three years beginning September 1, 2023, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F7 RSUs vest with respect to the shares of Class A Common Stock underlying the restricted stock units in equal quarterly installments for a period of one year beginning July 1, 2023, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F8 RSUs vest with respect to the shares of Class A Common Stock underlying the restricted stock units in equal quarterly installments for a period of three years beginning June 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F9 RSUs vest with respect to the shares of Class A Common Stock underlying the restricted stock units in equal quarterly installments for a period of one year beginning September 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F10 RSUs vest with respect to the shares of Class A Common Stock underlying the restricted stock units in equal quarterly installments for a period of three years beginning September 1, 2024, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.