Form 4 for AFRM Affirm Holdings, Inc.
Accepted 2021-11-03 00:00:00 ET · period of report 2021-11-01 · accession 0001628280-21-021558 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-03 | 2021-11-01 | AFRM | Martincevic Silvija | Chief Commercial Off | S - Sale+OE | $153.89 | -150.0K | 154.7K | -49% | -$23.08M |
| DM | 2021-11-03 | 2021-11-01 | AFRM | Martincevic Silvija | Chief Commercial Off | M - OptEx | $8.61 | +153.3K | 21.1K | New | +$1.32M |
| D | 2021-11-03 | 2021-11-01 | AFRM | Martincevic Silvija | Chief Commercial Off | F - Tax | $152.66 | -1,653 | 19.4K | -8% | -$252.3K |
| DM | 2021-11-03 | 2021-11-01 | AFRM | Martincevic Silvija | Chief Commercial Off | M - OptEx | $0.00 | -153.3K | 615.1K | -20% | $0 |
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 | Class A Common Stock | 2021-11-01 | S | D | 44,930 | $152.27 | 109,807 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021. (F3) Represents the weighted average sale price of the shares sold from $151.83 to $152.82 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 2 | Common | Class A Common Stock | 2021-11-01 | S | D | 15,067 | $153.25 | 94,740 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021. (F4) Represents the weighted average sale price of the shares sold from $152.83 to $153.82 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 3 | Common | Class A Common Stock | 2021-11-01 | S | D | 33,213 | $154.31 | 61,527 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021. (F5) Represents the weighted average sale price of the shares sold from $153.83 to $154.82 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 4 | Common | Class A Common Stock | 2021-11-01 | S | D | 29,911 | $155.03 | 31,616 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021. (F6) Represents the weighted average sale price of the shares sold from $154.83 to $155.82 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 5 | Common | Class A Common Stock | 2021-11-01 | S | D | 3,060 | $156.46 | 28,556 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021. (F7) Represents the weighted average sale price of the shares sold from $155.92 to $156.86 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 6 | Common | Class A Common Stock | 2021-11-01 | S | D | 2,244 | $157.13 | 26,312 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021. (F8) Represents the weighted average sale price of the shares sold from $156.93 to $157.59 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 7 | Common | Class A Common Stock | 2021-11-01 | S | D | 2,000 | $158.71 | 24,312 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021. (F9) Represents the weighted average sale price of the shares sold from $158.19 to $159.02 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 8 | Common | Class A Common Stock | 2021-11-01 | S | D | 5,475 | $159.50 | 18,837 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021. (F10) Represents the weighted average sale price of the shares sold from $159.22 to $160.08 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 9 | Common | Class A Common Stock | 2021-11-01 | S | D | 100 | $160.64 | 18,737 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021. (F11) Represents the weighted average sale price of the shares sold from $160.62 to $160.69 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 10 | Common | Class A Common Stock | 2021-11-01 | S | D | 1,000 | $162.92 | 17,737 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021. (F12) Represents the weighted average sale price of the shares sold from $162.85 to $163.01 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 11 | Common | Class A Common Stock | 2021-11-01 | S | D | 13,000 | $151.52 | 154,737 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021. (F2) Represents the weighted average sale price of the shares sold from $150.83 to $151.82 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 12 | Common | Class A Common Stock | 2021-11-01 | M | A | 150,000 | $8.80 | 167,737 | D | — | — | |
| 13 | Common | Class A Common Stock | 2021-11-01 | M | A | 3,333 | $0.00 | 21,070 | D | — | — | |
| 14 | Common | Class A Common Stock | 2021-11-01 | F | D | 1,653 | $152.66 | 19,417 | D | — | — | (F13) 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 November 1, 2021. |
| 15 | Derivative | Restricted Stock Units | 2021-11-01 | M | D | 3,333 | $0.00 | 46,667 | D | — · — to 2027-12-31 | 3,333 Class A Common Stock | (F15) Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F16) RSUs vest with respect to the shares of Class A Common Stock underlying the RSUs in monthly installments for a period of twenty-four months beginning on January 1, 2021, the vesting commencement date, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. |
| 16 | Derivative | Stock Option (Right to Buy) | 2021-11-01 | M | D | 150,000 | $0.00 | 615,101 | D | $8.80 · — to 2029-06-05 | 150,000 Class A Common Stock | (F14) Stock options vest with respect to 1/4 of the shares of the Issuer's Class A common stock, par value $0.00001 per share ("Class A Common Stock"), underlying the stock option on the one-year anniversary of April 29, 2019, the vesting commencement date, and the remaining 3/4 of the shares underlying the option vest in equal monthly installments over the subsequent three years, in each case subject to continued service with the Issuer. The Reporting Person can elect to exercise the stock options at any time, provided that the shares acquired upon exercise remain subject to the applicable vesting schedule. |