John Heyman - Aug 15, 2023 Form 4 Insider Report for Snap One Holdings Corp. (SNPO)

Signature
/s/ Joshua D. Ellis, Attorney-in-fact for John Heyman
Stock symbol
SNPO
Transactions as of
Aug 15, 2023
Transactions value $
-$113,196
Form type
4
Date filed
8/17/2023, 05:36 PM
Previous filing
Aug 1, 2023
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNPO Common Stock Tax liability -$25.6K -2.57K -0.15% $9.97 1.77M Aug 15, 2023 Direct F1
transaction SNPO Common Stock Sale -$54.6K -5.42K -0.31% $10.06 1.76M Aug 15, 2023 Direct F2, F3
transaction SNPO Common Stock Sale -$8.14K -814 -0.05% $10.00 1.76M Aug 16, 2023 Direct F2, F4
transaction SNPO Common Stock Sale -$24.9K -2.47K -0.14% $10.08 1.76M Aug 17, 2023 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares of common stock withheld for payment of taxes upon the vesting of restricted stock units.
F2 Automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 27, 2023.
F3 This transaction represents sales executed pursuant to the reporting person's written plan pursuant to Rule 10b5-1 in multiple open market transactions. The sales reflected in this line item were made at prices ranging from $10.00 to $10.25. The price reported above reflects the weighted average sale price of trades occurring within that price range. Upon request, the Reporting Person will provide to the Issuer, any security holder of the Issuer or the staff of the SEC full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 This transaction represents a sale executed pursuant to the reporting person's written plan pursuant to Rule 10b5-1. The sale reflected in this line item was made at a price of $10.00.
F5 This transaction represents sales executed pursuant to the reporting person's written plan pursuant to Rule 10b5-1 in multiple open market transactions. The sales reflected in this line item were made at prices ranging from $10.00 to $10.24. The price reported above reflects the weighted average sale price of trades occurring within that price range. Upon request, the Reporting Person will provide to the Issuer, any security holder of the Issuer or the staff of the SEC full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.