Derek Andersen - 18 Jan 2022 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Issuer symbol
SNAP
Transactions as of
18 Jan 2022
Net transactions value
-$481,421
Form type
4
Filing time
20 Jan 2022, 18:00:15 UTC
Previous filing
17 Dec 2021
Next filing
04 Feb 2022

Quoteable Key Fact

"Derek Andersen filed Form 4 for Snap Inc (SNAP) on 20 Jan 2022."

Quick Takeaways

  • This page summarizes Derek Andersen's Form 4 filing for Snap Inc (SNAP).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Filing timestamp: 20 Jan 2022, 18:00.

What Changed

  • Previous filing in this sequence was filed on 17 Dec 2021.
  • Current net transaction value: -$481,421.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

SNAP transaction

Class A Common Stock

Sale

Transaction value
$149,021
Shares
-4,055
Change %
-0.39%
Price
$36.75
Shares after
1,048,665
Date
18 Jan 2022
Ownership
Direct
Footnotes
F1
SNAP transaction

Class A Common Stock

Sale

Transaction value
$332,400
Shares
-9,242
Change %
-0.88%
Price
$35.97
Shares after
1,039,423
Date
18 Jan 2022
Ownership
Direct
Footnotes
F2, F3
* 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") 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.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.65 to $36.44 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.
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