SoFi Technologies, Inc. — Director's Dealing 2021

Jul 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SoFi Technologies, Inc. (SOFI)
CIK: 0001818874
Period of Report: 2021-07-21

Reporting Person: SOFTBANK GROUP CORP (Director, 10% Owner)
Reporting Person: SoftBank Group Capital Ltd (Director, 10% Owner)
Reporting Person: SB SONIC HOLDCO (UK) LTD (Director, 10% Owner)
Reporting Person: Delaware Project 10 L.L.C. (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-14	Common Stock	J	64685234	—	Disposed	0	Indirect
2021-07-14	Common Stock	J	53110699	—	Disposed	0	Indirect
2021-07-14	Common Stock	J	117795933	—	Acquired	117795933	Indirect

Footnotes

F1: The shares were originally held by SoftBank Group Capital Ltd. ("SBGC") and SB Sonic HoldCo (UK) Limited ("SB Sonic"), each wholly owned subsidiaries of SoftBank Group Corp. ("SoftBank"). On July 21, 2021, SoftBank transferred the shares from SBGC and SB Sonic to Delaware Project 10 L.L.C. ("DE Project 10"), also a wholly owned subsidiary of SoftBank.

F2: The shares initially reported as acquired in the Form 4 filed on June 2, 2021 were adjusted by the Issuer as a result of a post transaction review. The shares reported herein reflect the number of shares acquired by SBGC (less the shares disposed to the Issuer on May 28, 2021, as reported on the Form 4 filed on June 2, 2021) and SB Sonic in the business combination.

F3: Michel Combes and Carlos Carniero de Medeiros, each a member of the board of directors of the Issuer, were elected as representatives of SoftBank, SBGC, SB Sonic, and now DE Project 10. Messrs. Combes and Medeiros serve as managers of DE Project 10 and in other roles at SoftBank entities. As a result, each of these entities is a director by deputization for Section 16 purposes.

F4: The shares are directly held by DE Project 10. SoftBank may be deemed to have voting and dispositive power with respect to the shares held by DE Project 10. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.