John Heyman - Aug 23, 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 23, 2023
Transactions value $
-$20
Form type
4
Date filed
8/25/2023, 05:17 PM
Previous filing
Aug 22, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNPO Common Stock Sale -$20 -2 0% $10.00 1.75M Aug 23, 2023 Direct F1, F2
* 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 Automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 27, 2023.
F2 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.