Linford Michael's Form 4 filing
Affirm Holdings, Inc. (AFRM) · filed Feb 3, 2022
- Accession no.
- 0001628280-22-001795
- Filed
- Feb 3, 2022
- Trade date
- Feb 1, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 8 non-derivative transactions and 2 derivative transactions. Open-market sales total $3.18M. 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 |
|---|---|---|---|---|---|---|---|---|
| Feb 1, 2022 | Class A Common Stock | MOption exerciseAcquired | +3,333 | $0.00F1 | $0 | 51,372 | Direct | |
| Feb 1, 2022 | Class A Common Stock | FTax withholdingDisposed | −1,464 | $67.48 | −$98,790.72 | 49,908 | Direct | |
| Feb 1, 2022 | Class A Common Stock | MOption exerciseAcquired | +48,150 | $5.39 | +$259,528.5 | 98,058 | Direct | |
| Feb 1, 2022 | Class A Common Stock | SSaleDisposed | −2,852 | $63.19F4 | −$180,217.88 | 95,206 | Direct | |
| Feb 1, 2022 | Class A Common Stock | SSaleDisposed | −5,999 | $64.47F5 | −$386,755.53 | 89,207 | Direct | |
| Feb 1, 2022 | Class A Common Stock | SSaleDisposed | −11,256 | $65.43F6 | −$736,480.08 | 77,951 | Direct | |
| Feb 1, 2022 | Class A Common Stock | SSaleDisposed | −16,086 | $66.39F7 | −$1,067,949.54 | 61,865 | Direct | |
| Feb 1, 2022 | Class A Common Stock | SSaleDisposed | −11,957 | $67.27F8 | −$804,347.39 | 49,908 | 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 |
|---|---|---|---|---|---|---|---|---|
| Feb 1, 2022 | Class A Common Stock | MOption exerciseDisposed | −3,333 | $0.00 | $0 | 36,667 | Direct | |
| Feb 1, 2022 | Class A Common Stock | MOption exerciseDisposed | −48,150 | $0.00 | $0 | 1,258,870 | 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 $62.80 to $63.60 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.
- F5
Represents the weighted average sale price of the shares sold from $63.87 to $64.86 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 $64.87 to $65.86 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 $65.87 to $66.86 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 $66.87 to $67.84 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.