Form 4 for SOFI SoFi Technologies, Inc.
Accepted 2023-06-16 00:00:00 ET · period of report 2023-06-14 · accession 0001818874-23-000123 · 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 | 2023-06-16 | 2023-06-14 | SOFI | Stafford Webb Lauren | CMO | M - OptEx | — | +115.1K | 483.3K | +31% | — |
| D | 2023-06-16 | 2023-06-15 | SOFI | Stafford Webb Lauren | CMO | S - Sale+OE | $9.29 | -100.0K | 335.9K | -23% | -$929.0K |
| D | 2023-06-16 | 2023-06-15 | SOFI | Stafford Webb Lauren | CMO | F - Tax | $9.12 | -47.4K | 435.9K | -10% | -$432.2K |
| D | 2023-06-16 | 2023-06-14 | SOFI | Stafford Webb Lauren | CMO | M - OptEx | $0.00 | -115.1K | 860.3K | -12% | $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 | Common Stock | 2023-06-14 | M | A | 115,056 | — | 483,331 | D | — | — | (F1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-06-15 | S | D | 100,000 | $9.29 | 335,945 | D | — | — | (F3) The reported transactions were executed in multiple trades. The sale price of $9.288 reported in Column 4 is the weighted average purchase price for the 100,000 shares disposed of by the Reporting Person within a range of $9.231 to $9.301 per share. The Reporting Person hereby undertakes to provide to the Staff of the SEC, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares disposed of at each separate price within the price range noted above. |
| 3 | Common | Common Stock | 2023-06-15 | F | D | 47,386 | $9.12 | 435,945 | D | — | — | (F2) Shares sold to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to the Reporting Person. |
| 4 | Derivative | Restricted Stock Unit | 2023-06-14 | M | D | 115,056 | $0.00 | 860,333 | D | — · — to — | 115,056 Common Stock | (F2) Shares sold to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to the Reporting Person. (F4) Represents the settlement of a portion of the RSUs granted to the Reporting Person as disclosed on the Reporting Person's Forms 4 filed on June 2, 2021, March 25, 2022 and March 22, 2023. |