Form 4 for SOFI SoFi Technologies, Inc.
Accepted 2024-04-24 00:00:00 ET · period of report 2024-04-22 · accession 0000950170-24-047749 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2024-04-24 | 2024-04-22 | SOFI | Silver Lake Partners IV, L.P. | Dir | D - Sale to Iss | $105.10 | -228.0K | 0 | -100% | -$23.96M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Series 1 Redeemable Preferred Stock | 2024-04-22 | D | D | 224,261 | $105.10 | 0 | I Held through Silver Lake Partners IV, L.P. | — | — | (F1) On April 22, 2024, SoFi Technologies, Inc. (the "Issuer") issued notification of the redemption of shares of its Series 1 Redeemable Preferred Stock for $105.1027 per share, which payment will be made on May 29, 2024. (F2) These securities were directly owned by Silver Lake Partners IV, L.P. ("SLP IV"). (F4) Silver Lake Technology Associates IV, L.P. ("SLTA IV") is the general partner of SLP IV and SLTI IV. The general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"), the managing member of which is Silver Lake Group, L.L.C. ("SLG"). Michael Bingle is a director of the Issuer and Vice Chairman of SLG. Each of SLP IV, SLTI IV, SLTA IV, SLTA IV GP and SLG may be deemed to be a director by deputization of the Issuer. |
| 2 | Common | Series 1 Redeemable Preferred Stock | 2024-04-22 | D | D | 3,739 | $105.10 | 0 | I Held through Silver Lake Technology Investors IV (Delaware II), L.P. | — | — | (F1) On April 22, 2024, SoFi Technologies, Inc. (the "Issuer") issued notification of the redemption of shares of its Series 1 Redeemable Preferred Stock for $105.1027 per share, which payment will be made on May 29, 2024. (F4) Silver Lake Technology Associates IV, L.P. ("SLTA IV") is the general partner of SLP IV and SLTI IV. The general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"), the managing member of which is Silver Lake Group, L.L.C. ("SLG"). Michael Bingle is a director of the Issuer and Vice Chairman of SLG. Each of SLP IV, SLTI IV, SLTA IV, SLTA IV GP and SLG may be deemed to be a director by deputization of the Issuer. (F3) These securities were directly owned by Silver Lake Technology Investors IV (Delaware II), L.P. ("SLTI IV"). |