Jerry James Hunter - 16 Mar 2023 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Issuer symbol
SNAP
Transactions as of
16 Mar 2023
Net transactions value
-$763,851
Form type
4
Filing time
20 Mar 2023, 19:00:10 UTC
Previous filing
16 Feb 2023
Next filing
16 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale $763,851 -69,753 -1.4% $10.95 4,869,447 16 Mar 2023 Direct F1, F2
transaction SNAP Class A Common Stock Other $0 -103,111 -2.1% $0.000000 4,766,336 16 Mar 2023 Direct F3
transaction SNAP Class A Common Stock Other $0 +103,111 +12% $0.000000 990,242 16 Mar 2023 By Trust 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 settlement and release of restricted stock units ("RSUs") granted by the Issuer to the reporting person. Each RSU 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 $10.595 to $11.15 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 to a family trust over which the reporting person has voting power.
F4 Stock transfer from the reporting person.
F5 Shares held by a family trust over which the reporting person has voting power.