Derek Andersen - 15 Dec 2022 Form 4 Insider Report for Snap Inc (SNAP)

Reporting relationship: Chief Financial Officer
Issuer ticker: SNAP
Reported as of: 15 Dec 2022
Net transaction value: -$581,223
SEC form: 4
Accepted by SEC: 19 Dec 2022, 18:00:11 UTC
Prior SEC filing: 30 Nov 2022
Next SEC filing: 19 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Atul Porwal, Attorney-in-fact

Key filing fact

Derek Andersen filed Form 4 for Snap Inc (SNAP) on 19 Dec 2022.

Key facts

This page summarizes Derek Andersen's Form 4 filing for Snap Inc (SNAP).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 19 Dec 2022, 18:00.

Change

Previous filing in this sequence was filed on 30 Nov 2022.
Current net transaction value: -$581,223.

Research use

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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SNAP transaction

Class A Common Stock

Sale

Transaction value: $96,299
Shares: -10,513
Change %: -0.89%
Price: $9.16
Shares after: 1,167,024
Date: 15 Dec 2022
Ownership: Direct
Footnotes: F1

SNAP transaction

Class A Common Stock

Sale

Transaction value: $484,924
Shares: -57,281
Change %: -4.9%
Price: $8.47
Shares after: 1,109,743
Date: 16 Dec 2022
Ownership: Direct
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

Footnote 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.

Footnote F3

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.36 to $8.69. 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.