Galen Paul Hess - Jul 28, 2021 Form 3 Insider Report for Snap One Holdings Corp. (SNPO)

Role: Chief Product Officer
Signature: /s/ Joshua D. Ellis, Attorney-in-fact for Galen Paul Hess
Stock symbol: SNPO
Transactions as of: Jul 28, 2021
Transactions value $: $0
Form type: 3
Date filed: 7/28/2021, 07:52 PM
Previous filing: Aug 20, 2021
Next filing: Feb 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SNPO	Common Stock						237K	Jul 28, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	SNPO	Stock Options (Right to Buy)							Jul 28, 2021	Common Stock	248K	$18.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock received in a distribution from Crackle Holdings L.P. in respect of certain of the reporting person's previously held interests in Crackle Holdings L.P. and 93,312 additional shares of restricted common stock received from the issuer in respect of unvested units in Crackle Holdings L.P., of which (i) a portion will vest in equal installments on October 23 and April 23 with a final vesting date of October 23, 2022, (ii) a portion will vest in equal installments on December 1 and June 1 with a final vesting date of December 1, 2025 and (iii) a portion will vest subject to the satisfaction of certain performance-based vesting conditions on or prior to February 4, 2024.
F2	Of these options, 159,175 are unvested options which will vest as follows: (i) 37,960 options will vest in equal installments on October 23 and April 23 with a final vesting date of October 23, 2022, (ii) 45,278 will vest 20% on December 1, 2021 and thereafter in equal installments on June 1 and December 1 with a final vesting date of December 1, 2025 and (iii) 75,919 will vest subject to the satisfaction of certain performance-based vesting conditions on or prior to February 4, 2024.

Content

Represents shares of common stock received in a distribution from Crackle Holdings L.P. in respect of certain of the reporting person's previously held interests in Crackle Holdings L.P. and 93,312 additional shares of restricted common stock received from the issuer in respect of unvested units in Crackle Holdings L.P., of which (i) a portion will vest in equal installments on October 23 and April 23 with a final vesting date of October 23, 2022, (ii) a portion will vest in equal installments on December 1 and June 1 with a final vesting date of December 1, 2025 and (iii) a portion will vest subject to the satisfaction of certain performance-based vesting conditions on or prior to February 4, 2024.

Of these options, 159,175 are unvested options which will vest as follows: (i) 37,960 options will vest in equal installments on October 23 and April 23 with a final vesting date of October 23, 2022, (ii) 45,278 will vest 20% on December 1, 2021 and thereafter in equal installments on June 1 and December 1 with a final vesting date of December 1, 2025 and (iii) 75,919 will vest subject to the satisfaction of certain performance-based vesting conditions on or prior to February 4, 2024.