Michael J. O'Sullivan - Jan 30, 2023 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Stock symbol
SNAP
Transactions as of
Jan 30, 2023
Transactions value $
$0
Form type
4
Date filed
2/1/2023, 06:00 PM
Previous filing
Dec 20, 2022
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Award $0 +766K +132.41% $0.00 1.34M Jan 30, 2023 Direct F1
holding SNAP Class A Common Stock 452K Jan 30, 2023 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares issuable on settlement of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. 327,835 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2023, and the remaining 437,843 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2025. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.
F2 Includes 160 shares held by certain immediate family members of the reporting person for which the reporting person disclaims beneficial ownership except as to the reporting person's indirect pecuniary interest therein, if any. The remaining shares are held by an entity or entities in which the reporting person retains investment power over such shares.