Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
0001209191-17-064304
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-12-06 21:31:11
Reporting Period:
2017-12-04
Accepted Time:
2017-12-06 21:31:11
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
1644195 Michael Steven Horowitz C/o Snap Inc.
63 Market Street
Venice CA 90291
Vice President 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 2017-12-04 50,624 $0.00 2,296,890 No 4 C Direct
Class A Common Stock Disposition 2017-12-04 101,248 $13.60 2,195,642 No 4 S Direct
Class A Common Stock Acquisiton 2017-12-05 25,312 $0.00 2,220,954 No 4 C Direct
Class A Common Stock Disposition 2017-12-05 50,624 $15.00 2,170,330 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S 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 Class B Common Stock Disposition 2017-12-04 50,624 $0.00 50,624 $0.00
Class A Common Stock Class B Common Disposition 2017-12-05 25,312 $0.00 25,312 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,185,608 No 4 C Direct
2,160,296 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 $13.11 to $13.99 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. The Class B Common Stock has no expiration date.