Form 4 for AFRM Affirm Holdings, Inc.
Accepted 2022-01-04 00:00:00 ET · period of report 2022-01-01 · accession 0001628280-22-000233 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-01-04 | 2022-01-01 | AFRM | Linford Michael | CFO | G - Gift | $0.00 | -25.7K | 0 | -100% | $0 |
| D | 2022-01-04 | 2022-01-01 | AFRM | Linford Michael | CFO | M - OptEx | $0.00 | +6,640 | 6,640 | New | $0 |
| D | 2022-01-04 | 2022-01-01 | AFRM | Linford Michael | CFO | F - Tax | $100.56 | -1,993 | 4,647 | -30% | -$200.4K |
| DM | 2022-01-04 | 2022-01-01 | AFRM | Linford Michael | CFO | M - OptEx | $0.00 | -6,640 | 40.0K | -14% | $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 | 2022-01-01 | G | D | 25,737 | $0.00 | 0 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-01-01 | M | A | 6,640 | $0.00 | 6,640 | D | — | — | (F1) Each Restricted Stock Unit (RSUs) represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 3 | Common | Class A Common Stock | 2022-01-01 | F | D | 1,993 | $100.56 | 4,647 | D | — | — | |
| 4 | Derivative | Restricted Stock Units | 2022-01-01 | M | D | 3,306 | $0.00 | 77,143 | D | — · — to — | 3,306 Class A Common Stock | (F1) Each Restricted Stock Unit (RSUs) represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F4) RSU grant vests over four and one-half years, commencing as of January 1, 2021, the vesting commencement date. The first 5% of the shares vest on the six-month anniversary of the vesting commencement date, and the remainder of the shares vest in quarterly installments over the remaining four years, in annual aggregate amounts equal to 15%, 20%, 30% and 30%, respectively, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. |
| 5 | Derivative | Restricted Stock Units | 2022-01-01 | M | D | 3,334 | $0.00 | 40,000 | D | — · — to 2027-12-31 | 3,334 Class A Common Stock | (F1) Each Restricted Stock Unit (RSUs) 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 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. |