Affirm Holdings, Inc. — Director's Dealing 2021

Nov 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Affirm Holdings, Inc. (AFRM)
CIK: 0001820953
Period of Report: 2021-11-01

Reporting Person: Linford Michael (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-01	Class A Common Stock	M	3333	—	Acquired	25332	Direct
2021-11-01	Class A Common Stock	F	1464	$152.66	Disposed	23868	Direct
2021-11-01	Class A Common Stock	M	115000	$5.39	Acquired	138868	Direct
2021-11-01	Class A Common Stock	S	8872	$151.4863	Disposed	129996	Direct
2021-11-01	Class A Common Stock	S	35013	$152.2562	Disposed	94983	Direct
2021-11-01	Class A Common Stock	S	11529	$153.2004	Disposed	83454	Direct
2021-11-01	Class A Common Stock	S	25449	$154.2966	Disposed	58005	Direct
2021-11-01	Class A Common Stock	S	23537	$155.0335	Disposed	34468	Direct
2021-11-01	Class A Common Stock	S	2500	$156.4136	Disposed	31968	Direct
2021-11-01	Class A Common Stock	S	1600	$157.2531	Disposed	30368	Direct
2021-11-01	Class A Common Stock	S	3000	$159.0867	Disposed	27368	Direct
2021-11-01	Class A Common Stock	S	2700	$159.6694	Disposed	24668	Direct
2021-11-01	Class A Common Stock	S	800	$162.9137	Disposed	23868	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-01	Restricted Stock Units	$	M	3333	Disposed	2027-12-31	Class A Common Stock (3333.0)	Direct
2021-11-01	Stock Option (Right to Buy)	$5.39	M	115000	Disposed	2028-08-26	Class A Common Stock (115000.0)	Direct

Footnotes

F1: Each Restricted Stock Unit (RSUs) represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F2: 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 RSUs that vested on November 1, 2021.

F3: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2021.

F4: Represents the weighted average sale price of the shares sold from $150.80 to $151.79 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.

F5: Represents the weighted average sale price of the shares sold from $151.81 to $152.79 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.

F6: Represents the weighted average sale price of the shares sold from $152.81 to $153.78 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.

F7: Represents the weighted average sale price of the shares sold from $153.81 to $154.80 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.

F8: Represents the weighted average sale price of the shares sold from $154.81 to $155.60 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.

F9: Represents the weighted average sale price of the shares sold from $155.98 to $156.95 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.

F10: Represents the weighted average sale price of the shares sold from $156.98 to $157.65 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.

F11: Represents the weighted average sale price of the shares sold from $158.46 to $159.42 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.

F12: Represents the weighted average sale price of the shares sold from $159.46 to $160.03 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.

F13: Represents the weighted average sale price of the shares sold from $162.85 to $163.01 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.

F14: Restricted stock unit grant started vesting on January 1, 2021, and vests in equal monthly installments for a period of twenty-four months ending January 1, 2023, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.

F15: Stock options vest with respect to 1/4 of the shares of the Issuer's Class A common stock, par value $0.00001 per share ("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 vest in equal monthly installments over the subsequent three years, in each case subject to continued service with the Issuer. The Reporting Person can elect to exercise the stock options at any time, provided that the shares acquired upon exercise remain subject to the applicable vesting schedule.