Gill Michelle's Form 4 filing
SoFi Technologies, Inc. (SOFI) · filed Jun 16, 2022
- Accession no.
- 0001818874-22-000134
- Filed
- Jun 16, 2022
- Trade date
- Jun 14, 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 sales total $274.0K. 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 |
|---|---|
| Gill MichelleCIK 0001820540 | Officer (Executive Vice President) |
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 |
|---|---|---|---|---|---|---|---|---|
| Jun 14, 2022 | Common Stock | MOption exerciseAcquired | +228,755 | –F1 | – | 1,999,860 | Direct | |
| Jun 14, 2022 | Common Stock | FTax withholdingDisposed | −118,637 | $5.88F2 | −$697,585.56 | 1,881,223 | Direct | |
| Jun 14, 2022 | Common Stock | SSaleDisposed | −50,000 | $5.48 | −$274,000 | 1,831,223 | 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 |
|---|---|---|---|---|---|---|---|---|
| Jun 14, 2022 | Common Stock | MOption exerciseDisposed | −228,755 | $0.00 | $0 | 1,748,257 | 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 sold to satisfy tax withholding obligation applicable to the vesting of stock-settled RSUs. These shares were not issued to the Reporting Person.
Referenced by the price of 1 transaction in Table I.