Derek Andersen - May 17, 2021 Form 4 Insider Report for Snap Inc (SNAP)

Role
Chief Financial Officer
Signature
/s/ Atul Porwal, Attorney-in-fact
Stock symbol
SNAP
Transactions as of
May 17, 2021
Transactions value $
-$708,769
Form type
4
Date filed
5/19/2021, 07:00 PM
Next filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale -$256K -4.87K -0.38% $52.66* 1.27M May 17, 2021 Direct F1
transaction SNAP Class A Common Stock Sale -$343K -6.49K -0.51% $52.85* 1.26M May 17, 2021 Direct F2, F3
transaction SNAP Class A Common Stock Sale -$110K -2.05K -0.16% $53.42* 1.26M May 17, 2021 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 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.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.30 to $53.29 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 reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.30 to $53.64 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.