Filing Details

Accession Number:
0001209191-17-052171
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-08 21:30:40
Reporting Period:
2017-09-05
Accepted Time:
2017-09-08 21:30:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1564408 Snap Inc SNAP Services-Computer Programming, Data Processing, Etc. (7370) 455452795
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1699317 Timothy Sehn C/O Snap Inc.
63 Market Street
Venice CA 90291
Senior Vp Of Engineering No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2017-09-05 200,000 $0.00 2,804,168 No 4 M Direct
Class A Common Stock Acquisiton 2017-09-05 200,000 $0.00 3,004,168 No 4 C Direct
Class A Common Stock Disposition 2017-09-05 400,000 $14.34 2,604,168 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (right to buy) Disposition 2017-09-05 200,000 $0.00 200,000 $0.00
Class B Common Stock Stock Option (right to buy) Disposition 2017-09-05 200,000 $0.00 200,000 $0.58
Class A Common Stock Class B Common Stock Disposition 2017-09-05 200,000 $0.00 200,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,925,000 2023-09-05 No 4 M Direct
3,925,000 2023-09-05 No 4 M Direct
0 No 4 C Direct
Footnotes
  1. Represents shares of Class B Common Stock converted into shares of Class A Common Stock at the option of the reporting person.
  2. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.12 to $14.57 per share, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. Reflects an option exercised on September 5, 2017, which shares were subsequently sold on the same day.
  5. Fully vested.
  6. Each share of Class B Common Stock is convertible into oneshare of Class A Common Stock at the option of the reporting person.
  7. The Class B Common Stock has no expiration date.