Company: AFRM
Filing Date: 2025-10-24
Form Type: DEF 14A
Source: 0001628280-25-046264
Chunk: 43

Company: Affirm Holdings, Inc.
Filing Date: 2025-10-24
Form: DEF 14A
Chunk 43
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 Creation Award granted to Mr. Levchin. For details regarding the vesting of the Value Creation Award, see “ —Compensation Discussion and Analysis—Compensation Elements—Long-Term Incentive Compensation—CEO Long-Term Equity Award .”

(3) Vests with respect to 1∕4 of the shares of our Class A common stock underlying the option on the one-year anniversary of the vesting commencement date and the remaining 3∕4 of the shares underlying the option vest in equal monthly installments over the subsequent three years, in each case subject to continued service.

(4) Vests monthly at the rate of 1/48 of the shares of our Class A common stock underlying the grant following the vesting commencement date, subject to continued service.

(5) Vests monthly at the rate of 1/24 of the shares of our Class A common stock underlying the grant following the vesting commencement date, subject to continued service.

(6) Vests over four and 1/2 years, with the first 5% of each grant vesting after six months, and the remainder of each grant vesting in quarterly installments over the remaining four years, in annual aggregate amounts equal to 15%, 20%, 30% and 30%, respectively, in each case subject to continued service.

(7) Vests with respect to 1∕4 of the shares of our Class A common stock underlying the award on the one-year anniversary of the vesting commencement date and the remaining 3∕4 of the shares underlying the award vest in equal quarterly installments over the subsequent three years, in each case subject to continued service.

Option Exercises and Stock Vested During Fiscal 2025

The following table sets forth the number of shares of Class A common stock acquired and the value realized upon the exercise of options and the vesting of stock awards by each of our named executive officers for fiscal 2025.

|                  |     | Option Awards                         |         |   |                            |            |   |     | Stock Awards        |     |        |                           |     |           |
| Name             |     | Number of Shares Acquired on Exercise 
 (#)                                   |         |   | Value Realized on Exercise 
 ($)(1)                     |            |   |     | Number of Shares    
 Acquired on Vesting 
 (#)                 |     |        | Value Realized on Vesting 
 ($)(2)                    |     |           |
| Max Levchin