Jeremi Gorman - 17 May 2021 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Issuer symbol
SNAP
Transactions as of
17 May 2021
Net transactions value
-$2,714,555
Form type
4
Filing time
19 May 2021, 19:00:14 UTC
Next filing
21 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale $1,475,192 -27,908 -1.4% $52.86* 1,918,503 17 May 2021 Direct F1, F2
transaction SNAP Class A Common Stock Sale $384,615 -7,195 -0.38% $53.46* 1,911,308 17 May 2021 Direct F1, F3
transaction SNAP Class A Common Stock Sale $854,748 -15,779 -0.83% $54.17* 1,895,529 18 May 2021 Direct 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 lapse of forfeiture restrictions of restricted stock awards granted by the issuer to the reporting person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.32 to $53.31 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 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.32 to $53.65 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.
F4 The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.