Michael Seibel - Nov 1, 2024 Form 4 Insider Report for Reddit, Inc. (RDDT)

Role
Director
Signature
/s/ Julie Rogers, Attorney-in-Fact
Stock symbol
RDDT
Transactions as of
Nov 1, 2024
Transactions value $
-$9,093,246
Form type
4
Date filed
11/5/2024, 07:07 PM
Previous filing
Jul 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDDT Class A Common Stock Sale -$3.1M -27.9K -88.01% $111.26 3.8K Nov 1, 2024 By Michael William Seibel Revocable Trust F1
transaction RDDT Class A Common Stock Sale -$426K -3.8K -100% $112.09 0 Nov 1, 2024 By Michael William Seibel Revocable Trust F2
transaction RDDT Class A Common Stock Options Exercise $0 +50K +975.04% $0.00 55.1K Nov 1, 2024 Direct
transaction RDDT Class A Common Stock Sale -$5.12M -46K -83.43% $111.22 9.13K Nov 1, 2024 Direct F3
transaction RDDT Class A Common Stock Sale -$448K -4.01K -43.86% $111.84 5.13K Nov 1, 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 -50K -41.67% $0.00 70K Nov 1, 2024 Class A Common Stock 50K $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.