Jerry James Hunter - Jan 18, 2022 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Stock symbol
SNAP
Transactions as of
Jan 18, 2022
Transactions value $
-$908,462
Form type
4
Date filed
1/20/2022, 06:00 PM
Previous filing
Nov 18, 2021
Next filing
Feb 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale -$559K -15.5K -1.15% $35.97 1.33M Jan 18, 2022 Direct F1, F2
transaction SNAP Class A Common Stock Other $0 -19.5K -1.46% $0.00 1.31M Jan 18, 2022 Direct F3
transaction SNAP Class A Common Stock Other $0 +19.5K +3.17% $0.00 634K Jan 18, 2022 By Trust F4, F5
transaction SNAP Class A Common Stock Sale -$350K -9.73K -1.54% $35.95 624K Jan 19, 2022 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 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.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.63 to $36.40 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 Stock transfer to a family trust over which the reporting person has voting power.
F4 Stock transfer from the reporting person.
F5 Shares held by a family trust over which the reporting person has voting power.
F6 The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.