Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

SoFi Technologies, Inc. Director's Dealing 2021

Sep 4, 2021

30151_dirs_2021-09-03_b3fd2309-f6cf-401f-8118-3c4027543be0.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SoFi Technologies, Inc. (SOFI)
CIK: 0001818874
Period of Report: 2021-09-01

Reporting Person: White Derek J (CEO of Galileo)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-09-01 Performance Stock Unit $ A 750000 Acquired Common Stock (750000) Direct
2021-09-02 Restricted Stock Unit $ A 1296177 Acquired Common Stock (1296177) Direct

Footnotes

F1: Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.

F2: Represents shares issuable on settlement of PSUs granted to the Reporting Person. The PSUs vest subject to the achievement of certain performance conditions involving the Issuer's stock price, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.

F3: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.

F4: The RSU award will vest as to 324,045 RSUs on the first quarterly vesting date and will then vest as to 69,438 RSUs per quarter in equal quarterly installments, subject to the reporting person's continued service with the Issuer through the applicable vesting date, with the first installment representing 1/4th of the total number of RSUs granted pursuant to this award and each installment other than the first installment representing 1/14th of the remaining 3/4th of RSUs granted pursuant to this award.