Jennifer L. Wong - Mar 20, 2024 Form 4 Insider Report for Reddit, Inc. (RDDT)

Role
Chief Operating Officer
Signature
/s/ Julie Rogers, Attorney-in-Fact
Stock symbol
RDDT
Transactions as of
Mar 20, 2024
Transactions value $
-$16,015,414
Form type
4
Date filed
3/22/2024, 06:55 PM
Previous filing
Jun 13, 2023
Next filing
Mar 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDDT Class A Common Stock Tax liability -$18.8M -552K -24.11% $34.00* 1.74M Mar 20, 2024 Direct F1
transaction RDDT Class A Common Stock Options Exercise $1.74M +325K +18.71% $5.35* 2.06M Mar 20, 2024 Direct
transaction RDDT Class A Common Stock Options Exercise $1.01M +189K $5.35* 189K Mar 20, 2024 By MorMa Trust dated June 22, 2021

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
transaction RDDT Stock Option (Right to Buy) Options Exercise $0 -189K -75.6% $0.00 61K Mar 20, 2024 Class A Common Stock 189K $5.35 By MorMa Trust dated June 22, 2021 F2
transaction RDDT Stock Option (Right to Buy) Options Exercise $0 -325K -41.32% $0.00 461K Mar 20, 2024 Class A Common Stock 325K $5.35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
F2 The stock option is fully vested and currently exercisable.