Michael J. O'Sullivan - 17 Jun 2024 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Issuer symbol
SNAP
Transactions as of
17 Jun 2024
Net transactions value
-$913,811
Form type
4
Filing time
20 Jun 2024, 19:00:04 UTC
Previous filing
04 Jun 2024
Next filing
02 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale $913,811 -58,924 -4.1% $15.51 1,391,122 17 Jun 2024 Direct F1, F2
transaction SNAP Class A Common Stock Other $0 -50,525 -3.6% $0.000000 1,340,597 17 Jun 2024 Direct F3
transaction SNAP Class A Common Stock Other $0 +50,525 +11% $0.000000 499,908 17 Jun 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") and the lapse of forfeiture restrictions of restricted stock awards issued 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 $15.225 to $15.865 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.