Noto Anthony's Form 4 filing
SoFi Technologies, Inc. (SOFI) · filed Mar 17, 2022
- Accession no.
- 0001104659-22-035130
- Filed
- Mar 17, 2022
- Trade date
- Mar 15-17, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market purchases total $302.9K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Noto AnthonyCIK 0001613438 | Director, Officer (Chief Executive Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 15, 2022 | Common Stock | MOption exerciseAcquired | +94,854 | –F1 | – | 3,077,024 | Direct | |
| Mar 15, 2022 | Common Stock | FTax withholdingDisposed | −48,993 | $8.55F2 | −$418,890.15 | 3,028,031 | Direct | |
| Mar 17, 2022 | Common Stock | PPurchaseAcquired | +34,000 | $8.91F3 | +$302,940 | 3,062,031 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 15, 2022 | Common Stock | MOption exerciseDisposed | −94,854 | $0.00 | $0 | 6,463,698 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
Referenced by the price of 1 transaction in Table I.
- F2
Shares withheld to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to or sold by the Reporting Person.
Referenced by the price of 1 transaction in Table I.
- F3
The reported transactions were executed in multiple trades. The purchase price of $8.9120 reported in Column 4 is the weighted average purchase price for the 34,000 shares acquired by the Reporting Person within a range of $8.895 to $8.920 per share. The Reporting Person hereby undertakes to provide to the Staff of the SEC, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares acquired at each separate price within the price range noted above.
Referenced by the price of 1 transaction in Table I.