Stanley J. Meresman - 20 Jul 2022 Form 4 Insider Report for Snap Inc (SNAP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Jul 2022, 19:00:54 UTC
Prior SEC filing
27 Jun 2022
Next SEC filing
22 Aug 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Atul Porwal, Attorney-in-fact

Key filing fact

Stanley J. Meresman filed Form 4 for Snap Inc (SNAP) on 22 Jul 2022.

Key facts

  • This page summarizes Stanley J. Meresman's Form 4 filing for Snap Inc (SNAP).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 22 Jul 2022, 19:00.

Change

  • Previous filing in this sequence was filed on 27 Jun 2022.
  • Current net transaction value: $0.

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.

SNAP transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+9,114
Change %
+34%
Price
$0.000000
Shares after
36,059
Date
20 Jul 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

SNAP transaction Derivative

Option (right to buy)

Award

Transaction value
$0
Shares
+14,864
Change %
+29%
Price
$0.000000
Shares after
65,553
Date
20 Jul 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
14,864
Exercise price
$15.03
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 2 footnotes

Footnote F1

Represents shares issuable on settlement of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. 100% of the RSUs shall vest after the reporting person completes one year of continuous service from July 20, 2022. The RSUs will be subject to pro-rata acceleration upon the reporting person's discontinued service on the Issuer's board of directors and automatic full acceleration in the event of a change in control, as defined in the Issuer's 2017 Equity Incentive Plan. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.

Footnote F2

100% of the shares subject to the option will vest upon the reporting person's completion of one year of continuous service from July 20, 2022. The shares subject to the option will be subject to pro-rata acceleration upon the reporting person's discontinued service on the Issuer's board of directors and automatic full acceleration in the event of a change in control, as defined in the Issuer's 2017 Equity Incentive Plan. If the reporting person dies while in continuous service, 100% of the shares subject to the option will be deemed fully vested immediately.

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