Michael Seibel - 01 Nov 2024 Form 4 Insider Report for Reddit, Inc. (RDDT)

Role
Director
Signature
/s/ Julie Rogers, Attorney-in-Fact
Issuer symbol
RDDT
Transactions as of
01 Nov 2024
Net transactions value
-$9,093,246
Form type
4
Filing time
05 Nov 2024, 19:07:11 UTC
Previous filing
30 Jul 2024
Next filing
08 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDDT Class A Common Stock Sale $3,103,820 -27,897 -88% $111.26 3,800 01 Nov 2024 By Michael William Seibel Revocable Trust F1
transaction RDDT Class A Common Stock Sale $425,942 -3,800 -100% $112.09 0 01 Nov 2024 By Michael William Seibel Revocable Trust F2
transaction RDDT Class A Common Stock Options Exercise $0 +50,000 +975% $0.000000 55,128 01 Nov 2024 Direct
transaction RDDT Class A Common Stock Sale $5,115,453 -45,994 -83% $111.22 9,134 01 Nov 2024 Direct F3
transaction RDDT Class A Common Stock Sale $448,031 -4,006 -44% $111.84 5,128 01 Nov 2024 Direct F4

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 -50,000 -42% $0.000000 70,000 01 Nov 2024 Class A Common Stock 50,000 $7.92 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales were executed in multiple trades at prices ranging from $110.71 to $111.68. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (1) to (4) to this Form 4.
F2 The sales were executed in multiple trades at prices ranging from $111.81 to $112.32.
F3 The sales were executed in multiple trades at prices ranging from $110.62 to $111.61.
F4 The sales were executed in multiple trades at prices ranging from $111.62 to $112.26.
F5 The stock option is fully vested and currently exercisable.