Eric Young - Jul 25, 2023 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Stock symbol
SNAP
Transactions as of
Jul 25, 2023
Transactions value $
$40,000,006
Form type
4
Date filed
7/27/2023, 07:00 PM
Previous filing
Jun 9, 2023
Next filing
Aug 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Award $40M +3.74M $10.68 3.74M Jul 25, 2023 Direct F1
* 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. These RSUs shall vest in equal quarterly installments during the 48-month period of the reporting person's continuous service from May 15, 2023. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.