Michael J. O'Sullivan - Feb 16, 2023 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Stock symbol
SNAP
Transactions as of
Feb 16, 2023
Transactions value $
-$674,641
Form type
4
Date filed
2/21/2023, 06:00 PM
Previous filing
Feb 1, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale -$675K -61K -4.54% $11.06 1.28M Feb 16, 2023 Direct F1, F2
transaction SNAP Class A Common Stock Other $0 -52K -4.05% $0.00 1.23M Feb 16, 2023 Direct F3
transaction SNAP Class A Common Stock Other $0 +52K +11.49% $0.00 504K Feb 16, 2023 By Trust F4
* 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 awards ("RSAs") granted by the Issuer to the reporting person. Each RSA 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 $10.875 to $11.35 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 by the reporting person to an entity or entities in which the reporting person retains investment power over such shares.
F4 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.