Filing Details

Accession Number:
0001209191-18-063589
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-12-19 19:59:28
Reporting Period:
2018-12-17
Accepted Time:
2018-12-19 19:59:28
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
1739511 R Timothy Stone C/O Snap Inc.
2772 Donald Douglas Loop North
Santa Monica CA 90405
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 Acquisiton 2018-12-17 1,163,789 $0.00 2,356,220 No 4 A Direct
Class A Common Stock Disposition 2018-12-17 44,234 $5.83 2,311,986 No 4 S Direct
Class A Common Stock Disposition 2018-12-19 766 $5.65 2,311,220 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. Represents shares issuable on settlement of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. 1/48th of the RSUs shall vest after the reporting person completes each month of continuous service from December 15, 2018. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.
  2. 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.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.65 to $5.85 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 sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.