Jerry James Hunter - 18 Sep 2023 Form 4 Insider Report for Snap Inc (SNAP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
20 Sep 2023, 19:00:18 UTC
Prior SEC filing
18 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Atul Porwal, Attorney-in-fact

Key filing fact

Jerry James Hunter filed Form 4 for Snap Inc (SNAP) on 20 Sep 2023.

Key facts

  • This page summarizes Jerry James Hunter's Form 4 filing for Snap Inc (SNAP).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 20 Sep 2023, 19:00.

Change

  • Previous filing in this sequence was filed on 18 Aug 2023.
  • Current net transaction value: -$1,102,603.

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

Sale

Transaction value
$678,814
Shares
-76,556
Change %
-1.8%
Price
$8.87
Shares after
4,236,872
Date
18 Sep 2023
Ownership
Direct
Footnotes
F1, F2
SNAP transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-96,308
Change %
-2.3%
Price
$0.000000
Shares after
4,140,564
Date
18 Sep 2023
Ownership
Direct
Footnotes
F3
SNAP transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+96,308
Change %
+8.6%
Price
$0.000000
Shares after
1,213,477
Date
18 Sep 2023
Ownership
By Trust
Footnotes
F4
SNAP transaction

Class A Common Stock

Sale

Transaction value
$423,789
Shares
-48,154
Change %
-4%
Price
$8.80
Shares after
1,165,323
Date
19 Sep 2023
Ownership
By Trust
Footnotes
F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote F1

Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") granted by the Issuer to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock.

Footnote F2

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.815 to $8.97 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F3

Stock transfer by the reporting person to an entity or entities in which the reporting person retains investment power over such shares.

Footnote F4

Shares held by an entity or entities in which the reporting person retains investment power over such shares.

Footnote F5

The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 23, 2023.

Footnote F6

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.625 to $8.995 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

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