Key facts
- This page summarizes Advance Magazine Publishers Inc.'s Form 4 filing for Reddit, Inc. (RDDT).
- 5 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 27 Mar 2024, 18:41.
Advance Magazine Publishers Inc. - 25 Mar 2024 Form 4 Insider Report for Reddit, Inc. (RDDT)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- RDDT
- Reported as of
- 25 Mar 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 27 Mar 2024, 18:41:30 UTC
- Prior SEC filing
- 20 Mar 2024
- Next SEC filing
- 22 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- Advance Magazine Publishers Inc. /s/ Oren Klein, Chief Financial Officer
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Advance Magazine Publishers Inc. filed Form 4 for Reddit, Inc. (RDDT) on 27 Mar 2024.
Change
- Previous filing in this sequence was filed on 20 Mar 2024.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RDDT
transaction
Class A common stock, par value $0.0001 per share
Conversion of derivative security
- Transaction value
- Shares
- +16,182
- Change %
- Price
- Shares after
- 16,182
- Date
- 25 Mar 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RDDT
transaction
Derivative
Series A preferred stock
Conversion of derivative security
- Transaction value
- Shares
- -7,500,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 25 Mar 2024
- Ownership
- Direct
- Underlying class
- Class B common stock
- Underlying amount
- 7,500,000
- Exercise price
- Footnotes
- F1
RDDT
transaction
Derivative
Series E preferred stock
Conversion of derivative security
- Transaction value
- Shares
- -588,592
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 25 Mar 2024
- Ownership
- Direct
- Underlying class
- Class B common stock
- Underlying amount
- 588,592
- Exercise price
- Footnotes
- F1
RDDT
transaction
Derivative
Series F-1 preferred stock
Conversion of derivative security
- Transaction value
- Shares
- -16,182
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 25 Mar 2024
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 16,182
- Exercise price
- Footnotes
- F1
RDDT
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +8,088,592
- Change %
- +24%
- Price
- Shares after
- 42,191,092
- Date
- 25 Mar 2024
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 8,088,592
- Exercise price
- Footnotes
- F1, 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
Each share of preferred stock, other than any share of Series F-1 preferred stock, converted on a one-for-one basis into Class B common stock in accordance with Reddit, Inc.'s (the "Company") amended and restated certificate incorporation immediately upon the completion of the initial public offering of the Company. Each share of Series F-1 preferred stock converted on a one-for-one basis into Class A common stock in accordance with the Company's amended and restated certificate incorporation immediately upon the completion of the initial public offering of the Company.
Footnote F2
The Class B common stock is convertible into an equal number of shares of Class A common stock at any time, at the holder's election. Each share of Class B common stock will convert automatically into one share of Class A common stock upon any transfer, whether or not for value, except for certain permitted transfers set forth in the amended and restated certificate of incorporation of the Company, or upon the first date the aggregate number of then-outstanding shares of Class B common stock ceases to represent at least 7.5% of the aggregate number of then-outstanding shares of the Company's Class A and Class B common stock.
SEC remarks
Advance Publications, Inc., a New York corporation, may be deemed to beneficially own the securities of the Company held by Advance Magazine Publishers Inc., a New York corporation ("AMPI"), due to its control of AMPI.