SEC Form 4 · accession 0001209191-18-063589

Snap Inc · SNAP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Dec 17, 2018

Accepted (ET)

Dec 19, 2018 · 7:59 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
Class A Common Stock^F1	Dec 17, 2018	A	1,163,789	$0.00	A	2,356,220	D
Class A Common Stock^F2,F3	Dec 17, 2018	S	44,234	$5.8324	D	2,311,986	D
Class A Common Stock^F4	Dec 19, 2018	S	766	$5.65	D	2,311,220	D

No Table II lines on this filing.

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. 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.
F2Represents 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.
F3The 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.
F4The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.