SEC Form 4 · accession 0001209191-17-030470
Snap Inc · SNAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher T. Handman
Officer — General Counsel
Period of report
May 5, 2017
Accepted (ET)
May 5, 2017 · 8:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001564408
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | May 5, 2017 | A | 2,320,132 | $0.00 | A | 3,796,062 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 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. The RSUs vest in equal quarterly installments over 10 years from May 15, 2017, subject to the reporting person's continuous service. If the reporting person dies while in continuous service, all of the RSUs will immediately vest in full.