Form 4 for SOFI SoFi Technologies, Inc.
Accepted 2023-06-16 00:00:00 ET · period of report 2023-06-14 · accession 0001818874-23-000134 · 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 | Borton Chad M | Pres - SoFi Bank | M - OptEx | — | +80.7K | 353.2K | +30% | — |
| D | 2023-06-16 | 2023-06-16 | SOFI | Borton Chad M | Pres - SoFi Bank | S - Sale+OE | $8.68 | -90.5K | 229.4K | -28% | -$785.2K |
| D | 2023-06-16 | 2023-06-15 | SOFI | Borton Chad M | Pres - SoFi Bank | F - Tax | $9.12 | -33.3K | 319.9K | -9% | -$303.3K |
| D | 2023-06-16 | 2023-06-14 | SOFI | Borton Chad M | Pres - SoFi Bank | M - OptEx | $0.00 | -80.7K | 1.47M | -5% | $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 | 80,749 | — | 353,162 | D | — | — | (F1) Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-06-16 | S | D | 90,458 | $8.68 | 229,449 | D | — | — | (F3) The reported transactions were executed in multiple trades. The sale price of $8.6779 reported in Column 4 is the weighted average sale price for the 90,458 shares disposed of by the Reporting Person within a range of $8.66 to $8.70 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 | 33,255 | $9.12 | 319,907 | 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 | 80,749 | $0.00 | 1,474,636 | D | — · — to — | 80,749 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 February 7, 2021 and September 21, 2022. |