SEC Form 4 · accession 0001209191-18-013197
Snap Inc · SNAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Lynton
Director
Period of report
Feb 22, 2018
Accepted (ET)
Feb 23, 2018 · 9:31 pm EST
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 StockF2,F3 | Feb 22, 2018 | S | 27,800 | $17.4181 | D | 104,940 | I | By Lynton Foundation |
| Class A Common StockF4,F3 | Feb 22, 2018 | S | 1,200 | $18.1252 | D | 103,740 | I | By Lynton Foundation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Lynton Foundation.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.055 to $18.05 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.
- F3The reporting person is trustee of the Lynton Foundation. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
- F4The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.06 to $18.30 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.