SEC Form 5 · accession 0001209191-19-010433
Snap Inc · SNAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Evan Spiegel
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Dec 31, 2018
Accepted (ET)
Feb 14, 2019 · 7:27 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 Stock | Dec 19, 2018 | G | 5,951,307 | $0.00 | D | 73,005,554 | D | |
| Class A Common StockF2 | holding | — | — | — | 5,862,410 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a charitable gift by the reporting person to Snap Foundation, a California nonprofit corporation. As disclosed in the issuer's registration statement on Form S-1 (File No. 333-215866) filed under the Securities Act of 1933, as amended, for the initial public offering of its Class A Common Stock in March 2017, the reporting person has pledged to donate up to 13,000,000 shares of his Class A common stock to the Snap Foundation as part of his commitment to furthering Snap Foundation's mission and programs.
- F2Shares held by an irrevocable trust over which the reporting person has voting power.