Filing Details

Accession Number:
0001209191-18-025489
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-04-18 21:00:40
Reporting Period:
2018-04-16
Accepted Time:
2018-04-18 21:00:40
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
1699294 Andrew Vollero C/o Snap Inc.
63 Market Street
Venice CA 90291
Chief Financial Officer 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 Disposition 2018-04-16 15,637 $14.62 1,530,662 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") granted by the issuer to the reporting person. Each RSU represents a contingent right to receive one share of issuer's Class A Common Stock.
  2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.500076 to $ 14.69 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.
  3. As reported on a Form 3 filed on March 1, 2017, the reporting person was granted 1,692,710 RSUs, of which 10% vested on August 31, 2016; 20% vested on August 31, 2017; 30% will vest in equal quarterly installments during the third 12-month period of reporting person's continuous service; and 40% will vest in equal quarterly installments during the fourth 12-month period of reporting person's continuous service.
  4. As reported on a Form 3 filed on March 1, 2017, the reporting person was granted 612,746 RSUs, of which 10% vested on January 1, 2018; 20% will vest in equal quarterly installments during the second 12-month period of reporting person's continuous service; 30% will vest in equal quarterly installments during the third 12-month period of reporting person's continuous service; and 40% will vest in equal quarterly installments during the fourth 12-month period of reporting person's continuous service.