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Affirm Holdings, Inc. — Director's Dealing 2022
Oct 5, 2022
30215_dirs_2022-10-04_8f5e6f49-ae30-4185-8027-1f450db3f972.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Affirm Holdings, Inc. (AFRM)
CIK: 0001820953
Period of Report: 2022-10-01
Reporting Person: Michalek Libor (Director, President, Tech., Risk & Ops)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-10-01 | Class A Common Stock | M | 7968 | — | Acquired | 94921 | Direct |
| 2022-10-01 | Class A Common Stock | F | 3951 | $18.76 | Disposed | 90970 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-01 | Restricted Stock Units | $ | M | 5633 | Disposed | Class A Common Stock (5633.0) | Direct | |
| 2022-10-01 | Restricted Stock Units | $ | M | 2335 | Disposed | Class A Common Stock (2335.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 875504 | Indirect |
Footnotes
F1: 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 restricted stock units that vested on October 1, 2022.
F2: The shares are held by the Michalek 2007 Family Trust dated March 21, 2007. The Reporting Person and his spouse are trustees of the trust.
F3: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F4: The RSUs vest over four and one-half years, commencing as of January 1, 2021, the vesting commencement date. The first 5% of the shares vest on the six-month anniversary of the vesting commencement date, and the remainder of the shares vest in quarterly installments over the remaining four years, in annual aggregate amounts equal to 15%, 20%, 30% and 30%, respectively, subject to the Reporting Person's continued employment with the Issuer as of each vesting date.
F5: The RSUs vest in 48 equal monthly installments beginning October 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.