Evan Spiegel - Oct 24, 2022 Form 4 Insider Report for Snap Inc (SNAP)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Atul Porwal, Attorney-in-fact
Stock symbol
SNAP
Transactions as of
Oct 24, 2022
Transactions value $
-$1,885,500
Form type
4
Date filed
10/26/2022, 09:00 PM
Previous filing
Oct 21, 2022
Next filing
Sep 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale -$1.89M -250K -5.78% $7.54 4.08M Oct 24, 2022 By Trust F1, F2, F3
holding SNAP Class A Common Stock 35.9M Oct 24, 2022 Direct
* 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 solely in his role as the trustee of the irrevocable trust.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.5001 to $7.59 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 Shares held by an irrevocable trust over which the reporting person acts as trustee and has voting power, but has no financial interest. The beneficiaries of the irrevocable trust are not immediate family members of the reporting person.