<SEC-DOCUMENT>0001104659-21-076003.txt : 20210602
<SEC-HEADER>0001104659-21-076003.hdr.sgml : 20210602
<ACCEPTANCE-DATETIME>20210602212324
ACCESSION NUMBER:		0001104659-21-076003
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210528
FILED AS OF DATE:		20210602
DATE AS OF CHANGE:		20210602

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Ronen Assaf
		CENTRAL INDEX KEY:			0001863472

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39606
		FILM NUMBER:		21991038

	MAIL ADDRESS:	
		STREET 1:		234 1ST ST
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94015

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SoFi Technologies, Inc.
		CENTRAL INDEX KEY:			0001818874
		STANDARD INDUSTRIAL CLASSIFICATION:	FUNCTIONS RELATED TO DEPOSITORY BANKING, NEC [6099]
		IRS NUMBER:				981547291
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		234 1ST STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105
		BUSINESS PHONE:		(855) 456-7634

	MAIL ADDRESS:	
		STREET 1:		234 1ST STREET
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Social Capital Hedosophia Holdings Corp. V
		DATE OF NAME CHANGE:	20200722
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">Received in connection with the Issuer's business combination (the &quot;Business Combination&quot;) with Social Finance, Inc. (&quot;Legacy SoFi&quot;) in accordance with the terms of the Agreement and Plan of Merger, dated as of January 7, 2021, as amended on March 16, 2021, by and among the Issuer (f/k/a Social Capital Hedosophia Holdings Corp. V), Plutus Merger Sub Inc. (&quot;Merger Sub&quot;) and Legacy SoFi (the &quot;Merger Agreement&quot;), pursuant to which Merger Sub merged with and into Legacy SoFi, with Legacy SoFi surviving the merger as a wholly-owned subsidiary of the Issuer.</footnote>
        <footnote id="F2">Each restricted stock unit (&quot;RSU&quot;) represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.</footnote>
        <footnote id="F3">In connection with the Business Combination, the unvested portion of this Legacy SoFi outstanding RSU award was converted into an RSU award denominated in shares of the Issuer's common stock. The unvested portion of the outstanding RSU award will continue to vest as to 49,016 RSUs per quarter in equal quarterly installments, subject to the reporting person's continued service with the Issuer through the applicable vesting date, with each installment representing 1/16th of the total number of RSUs originally granted pursuant to this award, as such total number was converted in the Business Combination.</footnote>
        <footnote id="F4">Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.</footnote>
        <footnote id="F5">In connection with the Business Combination, the unvested portion of this Legacy SoFi outstanding RSU award was converted into an RSU award denominated in shares of the Issuer's common stock. The unvested portion of the outstanding RSU award will continue to vest as to 10,892 RSUs per quarter in equal quarterly installments, subject to the reporting person's continued service with the Issuer through the applicable vesting date, with each installment representing 1/16th of the total number of RSUs originally granted pursuant to this award, as such total number was converted in the Business Combination.</footnote>
        <footnote id="F6">Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.</footnote>
        <footnote id="F7">In connection with the Business Combination, the unvested portion of this Legacy SoFi outstanding RSU award was converted into an RSU award denominated in shares of the Issuer's common stock. The unvested portion of the outstanding RSU award will continue to vest as to 7,080 RSUs per quarter in equal quarterly installments, subject to the reporting person's continued service with the Issuer through the applicable vesting date, with each installment representing 1/16th of the total number of RSUs originally granted pursuant to this award, as such total number was converted in the Business Combination.</footnote>
        <footnote id="F8">Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration.</footnote>
        <footnote id="F9">In connection with the Business Combination, the unvested portion of this Legacy SoFi outstanding RSU award was converted into an RSU award denominated in shares of the Issuer's common stock. The unvested portion of the outstanding RSU award will continue to vest as to 17,156 RSUs per quarter in equal quarterly installments for three quarters commencing on June 14, 2021 and will vest as to 28,534 RSUs per quarter in equal quarterly installments for four quarters commencing on March 14, 2022, as to 28,145 RSUs per quarter in equal quarterly installments for four quarters commencing on March 14, 2023 and as to 20,027 RSUs per quarter in equal quarterly installments for four quarters commencing on March 14, 2024, in each case subject to the reporting person's continued service with the Issuer through the applicable vesting date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Deanna Smith, Attorney-in Fact</signatureName>
        <signatureDate>2021-06-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
