Michael J. O'Sullivan - May 16, 2024 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Stock symbol
SNAP
Transactions as of
May 16, 2024
Transactions value $
-$201,965
Form type
4
Date filed
5/20/2024, 07:00 PM
Previous filing
May 10, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale -$202K -12.7K -0.86% $15.91 1.46M May 16, 2024 Direct F1, F2
transaction SNAP Class A Common Stock Other $0 -10.6K -0.72% $0.00 1.45M May 16, 2024 Direct F3
transaction SNAP Class A Common Stock Other $0 +10.6K +2.31% $0.00 467K May 16, 2024 By Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 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.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.755 to $16.005 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.
F3 Stock transfer by the reporting person to an entity or entities in which the reporting person retains investment power over such shares.
F4 Includes 160 shares held by certain immediate family members of the reporting person for which the reporting person disclaims beneficial ownership except as to the reporting person's indirect pecuniary interest therein, if any. The remaining shares are held by an entity or entities in which the reporting person retains investment power over such shares.