SoFi Technologies, Inc. 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information and Holders of Record On June 1, 2021, our common stock began trading on the Nasdaq Global Select Market under the symbol “SOFI”. Prior to that time, there was no public market for our stock. As of February 15, 2022, there were 530 holders of record of our common stock, which does not include persons whose stock is held in nominee or “street name” accounts through brokers, banks and intermediaries. Securities Authorized for Issuance Under Equity Compensation Plans The equity compensation plan information required by Item 201(d) of Regulation S-K will be set forth in the definitive Proxy Statement for the Company's annual meeting of stockholders, which we intend to file with the SEC within 120 days of the end of our 2021 fiscal year, and is incorporated by reference in this Annual Report on Form 10-K. Additionally, refer to Note 13 to the Notes to Consolidated Financial Statements included in Part II, Item 8 for additional information on our equity compensation plans. 72 TABLE OF CONTENTS Performance Graph The following graph shows the cumulative seven-month total stockholder return on our common stock compared to the cumulative total returns of the Nasdaq Composite index and the S&P Financial index. The graph tracks the performance of a $100 investment in our common stock and in each index (with the reinvestment of all dividends, as applicable) from June 1, 2021 (the date our common stock commenced trading on the Nasdaq Global Select Market) to December 31, 2021. June 1, 2021 June 30, 2021 September 30, 2021 December 31, 2021 SoFi $ 100.00 $ 84.64 $ 70.11 $ 70.42 Nasdaq Composite 100.00 105.64 105.40 114.30 S&P Financial 100.00 96.40 99.05 103.57 Recent Sales of Unregistered Securities In connection with our acquisition of 8 Limited in April 2020, 320,649 shares were contingently issuable, subject to an indemnification period which expired in October 2021. At that time, we issued all of the shares as unregistered shares under Rule 145 to the former shareholders of 8 Limited. Issuer Purchases of Equity Securities We did not have any purchases of our equity securities during the fourth quarter of 2021. Dividends We have never declared nor paid cash dividends on our common stock. The terms of our Series 1 preferred stock provide for the payment of semiannual dividends on the 30th day of June and 31st day of December of each year. Other than with respect to our Series 1 preferred stock, we currently do not intend to pay cash dividends in the foreseeable future. Item 6. Reserved 73 TABLE OF CONTENTS