Tencent Holdings Ltd - Mar 20, 2024 Form 3 Insider Report for Reddit, Inc. (RDDT)

Role: 10%+ Owner
Signature: Tencent Holdings Limited By: /s/ Ma Huateng, Director
Stock symbol: RDDT
Transactions as of: Mar 20, 2024
Transactions value $: $0
Form type: 3
Date filed: 3/20/2024, 06:47 PM
Previous filing: May 7, 2021
Next filing: Mar 27, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RDDT	Class A Common Stock						50.4K	Mar 20, 2024	See footnote	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	RDDT	Class B Common Stock							Mar 20, 2024	Class A Common Stock	438K		See footnote	F1, F3
holding	RDDT	Series D Preferred Stock							Mar 20, 2024	Class B Common Stock	7.98M		See footnote	F2, F4
holding	RDDT	Series D-1 Preferred Stock							Mar 20, 2024	Class B Common Stock	3.54M		See footnote	F2, F5
holding	RDDT	Series E Preferred Stock							Mar 20, 2024	Class B Common Stock	2.35M		See footnote	F2, F4
holding	RDDT	Series F-1 Preferred Stock							Mar 20, 2024	Class A Common Stock	1.08M		See footnote	F2, F6

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

Explanation of Responses:

Id	Content
F1	Held of record by Jojoba Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited ("Tencent").
F2	Held of record by Tencent Cloud Europe B.V., a wholly-owned subsidiary of Tencent.
F3	Class B Common Stock, par value $0.0001 per share, is voluntarily convertible at any time, at the holder's election, into Class A Common Stock, par value $0.0001 per share, on a one-for-one basis and has no expiration date.
F4	Each of the Series D Preferred Stock and Series E Preferred Stock, each with a par value of $0.0001 per share, is voluntarily convertible on a one-for-one basis into shares of Class B Common Stock, prior to the closing of the initial public offering and has no expiration date. Upon the closing of the Issuer's initial public offering, all shares of Series D Preferred Stock and Series E Preferred Stock will convert automatically into shares of Class B Common Stock. The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a one-for-one basis.
F5	The Series D-1 Preferred Stock, par value of $0.0001 per share, is voluntarily convertible to Class D Preferred Stock on a one-for-one basis to the extent the sum of the voting power of all the shares of the capital stock of the Issuer held by Tencent Cloud Europe B.V. does not exceed 9.9% of all of the then-outstanding shares of the capital stock of the Issuer prior to the closing of the initial public offering. The Series D-1 Preferred Stock is also voluntarily convertible to Class B Common Stock on a one-for-one basis prior to the closing of the initial public offering and has no expiration date. Upon the closing of the Issuer's initial public offering, all shares of Series D-1 Preferred Stock will convert automatically into shares of Class B Common Stock. The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a one-for-one basis.
F6	The Series F-1 Preferred Stock, par value of $0.0001 per share, is voluntarily convertible to Class A Common Stock, on a one-for-one basis prior to the closing of the initial public offering and has no expiration date. Upon the closing of the Issuer's initial public offering, all shares of Series F-1 Preferred Stock will convert automatically into shares of Class A Common Stock.