Michael J. O'Sullivan - 16 Aug 2021 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Issuer symbol
SNAP
Transactions as of
16 Aug 2021
Net transactions value
-$6,027,335
Form type
4
Filing time
18 Aug 2021, 19:00:24 UTC
Previous filing
03 Aug 2021
Next filing
02 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale $3,990,710 -56,554 -5.9% $70.56* 901,108 16 Aug 2021 Direct F1, F2
transaction SNAP Class A Common Stock Sale $1,979,071 -27,899 -3.1% $70.94* 873,209 16 Aug 2021 Direct F1, F3
transaction SNAP Class A Common Stock Sale $57,553 -800 -0.09% $71.94* 872,409 16 Aug 2021 Direct F1, F4
transaction SNAP Class A Common Stock Other $0 -68,161 -7.8% $0.000000 804,248 16 Aug 2021 Direct F5
transaction SNAP Class A Common Stock Other $0 +68,161 +24% $0.000000 354,070 16 Aug 2021 By Trust F5, F6
* 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 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 $69.95 to $70.94 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 $70.95 to $71.94 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 $71.96 to $72.04 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.
F5 Stock transfer by the reporting person to an entity or entities in which the reporting person retains investment power over such shares.
F6 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.