SEC Form 4 · accession 0001209191-18-062835
Snap Inc · SNAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lara Sweet
Officer — VP, Chief Accounting Officer
Period of report
Dec 13, 2018
Accepted (ET)
Dec 14, 2018 · 8:31 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 StockF1 | Dec 13, 2018 | A | 142,568 | $0.00 | A | 739,547 | 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. 100% of the RSUs shall vest after the reporting person completes six months 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.