Form 4 for AFRM Affirm Holdings, Inc.
Accepted 2024-12-13 00:00:00 ET · period of report 2024-12-12 · accession 0001628280-24-051244 · 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 | 2024-12-13 | 2024-12-12 | AFRM | Linford Michael | COO | S - Sale+OE | $68.99 | -400.0K | 85.4K | -82% | -$27.60M |
| D | 2024-12-13 | 2024-12-12 | AFRM | Linford Michael | COO | M - OptEx | $5.39 | +400.0K | 485.4K | +468% | +$2.16M |
| D | 2024-12-13 | 2024-12-12 | AFRM | Linford Michael | COO | M - OptEx | $0.00 | -400.0K | 728.9K | -35% | $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 | 2024-12-12 | S | D | 64,653 | $70.00 | 97,172 | 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 12, 2024. (F4) Represents the weighted average sale price of the shares sold from $69.66 to $70.64 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 | 2024-12-12 | S | D | 222,507 | $68.96 | 161,825 | 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 12, 2024. (F3) Represents the weighted average sale price of the shares sold from $68.66 to $69.65 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 | 2024-12-12 | S | D | 101,088 | $68.17 | 384,332 | 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 12, 2024. (F2) Represents the weighted average sale price of the shares sold from $67.66 to $68.65 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 | 2024-12-12 | M | A | 400,000 | $5.39 | 485,420 | 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 12, 2024. |
| 5 | Common | Class A Common Stock | 2024-12-12 | S | D | 11,752 | $71.03 | 85,420 | 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 12, 2024. (F5) Represents the weighted average sale price of the shares sold from $70.66 to $71.48 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 | Derivative | Stock Option (Right to Buy) | 2024-12-12 | M | D | 400,000 | $0.00 | 728,870 | D | $5.39 · — to 2028-08-26 | 400,000 Class A Common Stock | (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 12, 2024. (F6) Stock options vested with respect to 1/4 of the shares of the Issuer's Class A common stock underlying the stock option on the one-year anniversary of August 27, 2018, the vesting commencement date, and the remaining 3/4 of the shares underlying the option vested in equal monthly installments over the subsequent three years, in each case subject to continued service with the Issuer. |