Linford Michael's Form 4 filing
Affirm Holdings, Inc. (AFRM) · filed Nov 3, 2021
- Accession no.
- 0001628280-21-021562
- Filed
- Nov 3, 2021
- Trade date
- Nov 1, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 13 non-derivative transactions and 2 derivative transactions. Open-market sales total $17.7M. 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 |
|---|---|
| Linford MichaelCIK 0001715913 | Officer (Chief Financial 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 |
|---|---|---|---|---|---|---|---|---|
| Nov 1, 2021 | Class A Common Stock | MOption exerciseAcquired | +3,333 | –F1 | – | 25,332 | Direct | |
| Nov 1, 2021 | Class A Common Stock | FTax withholdingDisposed | −1,464 | $152.66 | −$223,494.24 | 23,868 | Direct | |
| Nov 1, 2021 | Class A Common Stock | MOption exerciseAcquired | +115,000 | $5.39 | +$619,850 | 138,868 | Direct | |
| Nov 1, 2021 | Class A Common Stock | SSaleDisposed | −8,872 | $151.49F4 | −$1,344,019.28 | 129,996 | Direct | |
| Nov 1, 2021 | Class A Common Stock | SSaleDisposed | −35,013 | $152.26F5 | −$5,331,079.38 | 94,983 | Direct | |
| Nov 1, 2021 | Class A Common Stock | SSaleDisposed | −11,529 | $153.20F6 | −$1,766,242.8 | 83,454 | Direct | |
| Nov 1, 2021 | Class A Common Stock | SSaleDisposed | −25,449 | $154.30F7 | −$3,926,780.7 | 58,005 | Direct | |
| Nov 1, 2021 | Class A Common Stock | SSaleDisposed | −23,537 | $155.03F8 | −$3,648,941.11 | 34,468 | Direct | |
| Nov 1, 2021 | Class A Common Stock | SSaleDisposed | −2,500 | $156.41F9 | −$391,025 | 31,968 | Direct | |
| Nov 1, 2021 | Class A Common Stock | SSaleDisposed | −1,600 | $157.25F10 | −$251,600 | 30,368 | Direct | |
| Nov 1, 2021 | Class A Common Stock | SSaleDisposed | −3,000 | $159.09F11 | −$477,270 | 27,368 | Direct | |
| Nov 1, 2021 | Class A Common Stock | SSaleDisposed | −2,700 | $159.67F12 | −$431,109 | 24,668 | Direct | |
| Nov 1, 2021 | Class A Common Stock | SSaleDisposed | −800 | $162.91F13 | −$130,328 | 23,868 | 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 |
|---|---|---|---|---|---|---|---|---|
| Nov 1, 2021 | Class A Common Stock | MOption exerciseDisposed | −3,333 | $0.00 | $0 | 46,667 | Direct | |
| Nov 1, 2021 | Class A Common Stock | MOption exerciseDisposed | −115,000 | $0.00 | $0 | 1,307,020 | 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
Each Restricted Stock Unit (RSUs) represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Referenced by the price of 1 transaction in Table I.
- F4
Represents the weighted average sale price of the shares sold from $150.80 to $151.79 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F5
Represents the weighted average sale price of the shares sold from $151.81 to $152.79 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F6
Represents the weighted average sale price of the shares sold from $152.81 to $153.78 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F7
Represents the weighted average sale price of the shares sold from $153.81 to $154.80 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F8
Represents the weighted average sale price of the shares sold from $154.81 to $155.60 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F9
Represents the weighted average sale price of the shares sold from $155.98 to $156.95 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F10
Represents the weighted average sale price of the shares sold from $156.98 to $157.65 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F11
Represents the weighted average sale price of the shares sold from $158.46 to $159.42 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F12
Represents the weighted average sale price of the shares sold from $159.46 to $160.03 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F13
Represents the weighted average sale price of the shares sold from $162.85 to $163.01 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.