Form 4 for AFRM Affirm Holdings, Inc.
Accepted 2023-01-04 00:00:00 ET · period of report 2023-01-01 · accession 0001628280-23-000284 · 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 | 2023-01-04 | 2023-01-01 | AFRM | Linford Michael | CFO | F - Tax | $9.67 | -3,448 | 85.3K | -4% | -$33.3K |
| D | 2023-01-04 | 2023-01-01 | AFRM | Linford Michael | CFO | M - OptEx | $0.00 | +10.1K | 88.8K | +13% | $0 |
| DM | 2023-01-04 | 2023-01-01 | AFRM | Linford Michael | CFO | M - OptEx | $0.00 | -10.1K | 102.8K | -9% | $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 | 2023-01-01 | F | D | 3,448 | $9.67 | 85,339 | 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 January 1, 2023. |
| 2 | Common | Class A Common Stock | 2023-01-01 | M | A | 10,078 | $0.00 | 88,787 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-01-01 | M | D | 3,334 | $0.00 | 0 | D | — · — to 2027-12-31 | 3,334 Class A Common Stock | (F2) 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. |
| 4 | Derivative | Restricted Stock Units | 2023-01-01 | M | D | 4,408 | $0.00 | 61,715 | D | — · — to — | 4,408 Class A Common Stock | (F2) 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 | 2023-01-01 | M | D | 2,336 | $0.00 | 102,765 | D | — · — to — | 2,336 Class A Common Stock | (F2) Each Restricted Stock Unit (RSUs) represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F5) The RSUs vest in 48 equal monthly installments beginning October 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date. |