Christopher Brian Slowe - 20 Mar 2024 Form 4 Insider Report for Reddit, Inc. (RDDT)

Reporting relationship: Chief Technology Officer
Issuer ticker: RDDT
Reported as of: 20 Mar 2024
Net transaction value: -$3,081,386
SEC form: 4
Accepted by SEC: 22 Mar 2024, 18:56:04 UTC
Next SEC filing: 27 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Julie Rogers, Attorney-in-Fact

Key filing fact

Christopher Brian Slowe filed Form 4 for Reddit, Inc. (RDDT) on 22 Mar 2024.

Key facts

This page summarizes Christopher Brian Slowe's Form 4 filing for Reddit, Inc. (RDDT).
6 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 22 Mar 2024, 18:56.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$3,081,386.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RDDT transaction

Class A Common Stock

Tax liability

Transaction value: $3,081,386
Shares: -90,629
Change %: -18%
Price: $34.00^*
Shares after: 413,684
Date: 20 Mar 2024
Ownership: Direct
Footnotes: F1

RDDT transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares: +185,000
Change %: +45%
Price
Shares after: 598,684
Date: 20 Mar 2024
Ownership: Direct
Footnotes: F2

RDDT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,068
Date: 20 Mar 2024
Ownership: By The Slowe Family Trust dated January 26, 2012

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RDDT transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -5,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 20 Mar 2024
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 5,000
Exercise price: $1.93
Footnotes: F3

RDDT transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -180,000
Change %: -36%
Price: $0.000000
Shares after: 319,104
Date: 20 Mar 2024
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 180,000
Exercise price: $1.93
Footnotes: F3

RDDT transaction Derivative

Class B Common Stock

Options Exercise

Transaction value: $0
Shares: +185,000
Change %
Price: $0.000000
Shares after: 185,000
Date: 20 Mar 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 185,000
Exercise price
Footnotes: F2

RDDT transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value: $0
Shares: -185,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 20 Mar 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 185,000
Exercise price
Footnotes: F2

RDDT holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 15,000
Date: 20 Mar 2024
Ownership: By The Slowe Family Trust dated January 26, 2012
Underlying class: Class A Common Stock
Underlying amount: 15,000
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.

Footnote 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.

Footnote F3

The stock option is fully vested and currently exercisable.