Jeremi Gorman - Mar 16, 2022 Form 4 Insider Report for Snap Inc (SNAP)

Role
Chief Business Officer
Signature
/s/ Atul Porwal, Attorney-in-fact
Stock symbol
SNAP
Transactions as of
Mar 16, 2022
Transactions value $
-$1,230,212
Form type
4
Date filed
3/18/2022, 07:00 PM
Previous filing
Feb 18, 2022
Next filing
Apr 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale -$878K -27.7K -1.8% $31.70 1.51M Mar 16, 2022 Direct F1, F2
transaction SNAP Class A Common Stock Sale -$161K -5K -0.33% $32.12 1.51M Mar 16, 2022 Direct F1, F3
transaction SNAP Class A Common Stock Sale -$192K -6.14K -0.41% $31.26 1.5M Mar 17, 2022 Direct F4, F5
* 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 $31.0701 to $32.065 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 $32.07 to $32.23 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.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.175 to $31.315 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.