Steve Ladd Huffman - 20 Mar 2024 Form 3 Insider Report for Reddit, Inc. (RDDT)

Role
CEO & President, Director, 10%+ Owner
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, 17:49:53 UTC
Next filing
27 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RDDT Class A Common Stock 1,495,255 20 Mar 2024 Direct F1

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 Class B Common Stock 20 Mar 2024 Class A Common Stock 2,720,150 Direct F2, F3
holding RDDT Class B Common Stock 20 Mar 2024 Class A Common Stock 1,510,784 By The XYZ Revocable Trust F2
holding RDDT Stock Option (Right to Buy) 20 Mar 2024 Class A Common Stock 1,495,255 $25.29 Direct F4
holding RDDT Stock Option (Right to Buy) 20 Mar 2024 Class A Common Stock 996,837 $45.00 Direct F4
holding RDDT Stock Option (Right to Buy) 20 Mar 2024 Class A Common Stock 996,837 $60.00 Direct F4
holding RDDT Stock Option (Right to Buy) 20 Mar 2024 Class A Common Stock 996,837 $90.00 Direct F4
holding RDDT Stock Option (Right to Buy) 20 Mar 2024 Class B Common Stock 1,495,256 $25.29 Direct F4
holding RDDT Stock Option (Right to Buy) 20 Mar 2024 Class B Common Stock 2,168,730 $1.93 By The XYZ Revocable Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs"), which vest in accordance with the terms of the applicable awards. Each RSU represents a contingent right to receive one share of Class A Common Stock.
F2 The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.
F3 Represents restricted stock units ("RSUs"), which vest in accordance with the terms of the applicable awards. Each RSU represents a contingent right to receive one share of Class B Common Stock.
F4 The option vests over five years on each quarterly anniversary of December 25, 2023, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.

Remarks:

Exhibit 24 - Power of Attorney.