Patrick Spence - 23 Oct 2023 Form 4 Insider Report for Snap Inc (SNAP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Oct 2023, 19:00:07 UTC
Prior SEC filing
21 Sep 2023
Next SEC filing
08 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Atul Porwal, Attorney-in-fact

Key filing fact

Patrick Spence filed Form 4 for Snap Inc (SNAP) on 25 Oct 2023.

Key facts

  • This page summarizes Patrick Spence's Form 4 filing for Snap Inc (SNAP).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 25 Oct 2023, 19:00.

Change

  • Previous filing in this sequence was filed on 21 Sep 2023.
  • Current net transaction value: +$208,335.

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

Award

Transaction value
$208,335
Shares
+22,718
Change %
Price
$9.17
Shares after
22,718
Date
23 Oct 2023
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote 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. 100% of the RSUs shall vest after the reporting person completes 10-months of continuous service from September 25, 2023. The RSUs will be subject to pro-rata acceleration upon the reporting person's discontinued service on the Issuer's board of directors and automatic full acceleration in the event of a change in control, as defined in the Issuer's 2017 Equity Incentive Plan. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately. The settlement of such RSUs will be deferred until the earlier of a) the 90th day following the reporting person's separation from service from the Issuer (as defined under Treasury Regulations Section 1.409A-1(h)) or b) a change in control.

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