Form 4 for AFRM Affirm Holdings, Inc.
Accepted 2022-07-06 00:00:00 ET · period of report 2022-07-01 · accession 0001628280-22-018656 · 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 | 2022-07-06 | 2022-07-01 | AFRM | Michalek Libor | Pres, Tech, Risk, Ops, Dir | M - OptEx | $0.00 | +4,224 | 88.4K | +5% | $0 |
| D | 2022-07-06 | 2022-07-01 | AFRM | Michalek Libor | Pres, Tech, Risk, Ops, Dir | F - Tax | $17.19 | -1,461 | 87.0K | -2% | -$25.1K |
| D | 2022-07-06 | 2022-07-01 | AFRM | Michalek Libor | Pres, Tech, Risk, Ops, Dir | M - OptEx | $0.00 | -4,224 | 90.1K | -4% | $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 | 2022-07-01 | M | A | 4,224 | $0.00 | 88,414 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-07-01 | F | D | 1,461 | $17.19 | 86,953 | D | — | — | (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 July 1, 2022. |
| 3 | Derivative | Restricted Stock Units | 2022-07-01 | M | D | 4,224 | $0.00 | 90,123 | D | — · — to — | 4,224 Class A Common Stock | (F3) Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F4) Restricted stock unit 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. |