Michael Seibel - 20 Mar 2024 Form 3 Insider Report for Reddit, Inc. (RDDT)

Role
Director
Signature
/s/ Julie Rogers, Attorney-in-Fact
Issuer symbol
RDDT
Transactions as of
20 Mar 2024
Net transactions value
$0
Form type
3
Filing time
20 Mar 2024, 17:48:26 UTC
Previous filing
22 May 2023
Next filing
27 Mar 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding RDDT Stock Option (Right to Buy) 20 Mar 2024 Class A Common Stock 120,000 $7.92 Direct F1
holding RDDT Series C Preferred Stock 20 Mar 2024 Class B Common Stock 31,697 $0.000000 By Michael William Seibel Revocable Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests with respect to 1/48 of the shares subject thereto on each monthly anniversary of July 22, 2020.
F2 Each share of Preferred Stock, other than any share of Series F-1 Preferred Stock, is convertible on a one-for-one basis into Class B Common Stock at any time at the holder's election. The Preferred Stock will automatically convert immediately prior to the closing of the Issuer's initial public offering and has no expiration date.

Remarks:

Exhibit 24 - Power of Attorney.