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SoFi Technologies, Inc. — Director's Dealing 2021
Nov 22, 2021
30151_dirs_2021-11-22_15cb74c5-9f79-4631-b441-83d0297a7096.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SoFi Technologies, Inc. (SOFI)
CIK: 0001818874
Period of Report: 2021-11-18
Reporting Person: SLTA IV (GP), L.L.C. (Director)
Reporting Person: Silver Lake Group, L.L.C. (Director)
Reporting Person: Silver Lake Technology Associates IV, L.P. (Director)
Reporting Person: Silver Lake Partners IV, L.P. (Director)
Reporting Person: Silver Lake Technology Investors IV (Delaware II), L.P. (Director)
Reporting Person: Bingle Michael J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-18 | Common Stock | S | 7240653 | $21.60 | Disposed | 30643242 | Indirect |
| 2021-11-18 | Common Stock | S | 120725 | $21.60 | Disposed | 510923 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 15714 | Indirect |
Footnotes
F1: These securities are directly owned by Silver Lake Partners IV, L.P. ("SLP IV").
F2: These securities are directly owned by Silver Lake Technology Investors IV (Delaware II), L.P. ("SLTI IV").
F3: Silver Lake Technology Associates IV, L.P. ("SLTA IV") is the general partner of SLP IV and SLTI IV. The general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"), the managing member of which is Silver Lake Group, L.L.C. ("SLG"). Michael Bingle is a director of the Issuer and Vice Chairman of SLG. Each of SLP IV, SLTI IV, SLTA IV, SLTA IV GP and SLG may be deemed to be a director by deputization of the Issuer.
F4: Represents restricted stock units held by Michael J. Bingle, a director of the Issuer and an executive of SLG, as part of the Issuer's non-employee director compensation policy, for the benefit of one or more of the Reporting Persons and/or certain of their affiliates or certain of the funds they manage ("Silver Lake"). Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners.