Stafford Webb Lauren 4
4 · SoFi Technologies, Inc. · Filed Jun 16, 2023
Insider Transaction Report
Form 4
Stafford Webb Lauren
Chief Marketing Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2023-06-14−115,056→ 860,333 total→ Common Stock (115,056 underlying) - Exercise/Conversion
Common Stock
2023-06-14+115,056→ 483,331 total - Tax Payment
Common Stock
2023-06-15$9.12/sh−47,386$431,971→ 435,945 total - Sale
Common Stock
2023-06-15$9.29/sh−100,000$928,800→ 335,945 total
Footnotes (4)
- [F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
- [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.
- [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.
- [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.