Alan G. Lafley - 21 Jul 2021 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
22 Jul 2021, 19:00:46 UTC
Next SEC filing
05 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Atul Porwal, Attorney-in-fact

Key filing fact

Alan G. Lafley filed Form 4 for Snap Inc (SNAP) on 22 Jul 2021.

Key facts

  • This page summarizes Alan G. Lafley's Form 4 filing for Snap Inc (SNAP).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 22 Jul 2021, 19:00.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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
+1,965
Change %
+13%
Price
$0.000000
Shares after
16,702
Date
21 Jul 2021
Ownership
Direct
Footnotes
F1
SNAP holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
172,243
Date
21 Jul 2021
Ownership
By Trust
Footnotes
F2

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
+4,044
Change %
+8.7%
Price
$0.000000
Shares after
50,689
Date
21 Jul 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,044
Exercise price
$62.73
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 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, 2021. 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

Shares held by a revocable trust over which the reporting person has voting power.

Footnote F3

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, 2021. 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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