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Reddit, Inc. — Director's Dealing 2024
Dec 26, 2024
30043_dirs_2024-12-26_b12ce37b-8776-4476-8c03-81b7491c034d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Reddit, Inc. (RDDT)
CIK: 0001713445
Period of Report: 2024-12-23
Reporting Person: Slowe Christopher Brian (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-23 | Class A Common Stock | C | 11000 | — | Acquired | 335837 | Direct |
| 2024-12-23 | Class A Common Stock | S | 300 | $167.39 | Disposed | 335537 | Direct |
| 2024-12-23 | Class A Common Stock | S | 1500 | $168.48 | Disposed | 334037 | Direct |
| 2024-12-23 | Class A Common Stock | S | 4000 | $169.10 | Disposed | 330037 | Direct |
| 2024-12-23 | Class A Common Stock | S | 2300 | $170.31 | Disposed | 327737 | Direct |
| 2024-12-23 | Class A Common Stock | S | 2100 | $171.20 | Disposed | 325637 | Direct |
| 2024-12-23 | Class A Common Stock | S | 700 | $172.10 | Disposed | 324937 | Direct |
| 2024-12-23 | Class A Common Stock | S | 100 | $173.35 | Disposed | 324837 | Direct |
| 2024-12-23 | Class A Common Stock | S | 121 | $166.75 | Disposed | 24947 | Indirect |
| 2024-12-23 | Class A Common Stock | S | 1979 | $168.83 | Disposed | 22968 | Indirect |
| 2024-12-23 | Class A Common Stock | S | 1200 | $169.88 | Disposed | 21768 | Indirect |
| 2024-12-23 | Class A Common Stock | S | 1100 | $170.85 | Disposed | 20668 | Indirect |
| 2024-12-23 | Class A Common Stock | S | 600 | $171.73 | Disposed | 20068 | Indirect |
| 2024-12-24 | Class A Common Stock | C | 6728 | — | Acquired | 331565 | Direct |
| 2024-12-24 | Class A Common Stock | G | 20184 | — | Disposed | 311381 | Direct |
| 2024-12-24 | Class A Common Stock | G | 20184 | — | Acquired | 40252 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-23 | Stock Option (Right to Buy) | $1.93 | M | 11000 | Disposed | 2026-02-25 | Class B Common Stock (11000) | Direct |
| 2024-12-23 | Class B Common Stock | $ | M | 11000 | Acquired | Class A Common Stock (11000) | Direct | |
| 2024-12-23 | Class B Common Stock | $ | C | 11000 | Disposed | Class A Common Stock (11000) | Direct | |
| 2024-12-24 | Stock Option (Right to Buy) | $1.93 | M | 6728 | Disposed | 2026-02-25 | Class B Common Stock (6728) | Direct |
| 2024-12-24 | Class B Common Stock | $ | M | 6728 | Acquired | Class A Common Stock (6728) | Direct | |
| 2024-12-24 | Class B Common Stock | $ | C | 6728 | Disposed | Class A Common Stock (6728) | Direct |
Footnotes
F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2024.
F2: The sales were executed in multiple trades at prices ranging from $166.73 to $167.72. 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 (3) to (12) to this Form 4.
F3: The sales were executed in multiple trades at prices ranging from $167.73 to $168.70.
F4: The sales were executed in multiple trades at prices ranging from $168.75 to $169.64.
F5: The sales were executed in multiple trades at prices ranging from $169.76 to $170.74.
F6: The sales were executed in multiple trades at prices ranging from $170.78 to $171.63.
F7: The sales were executed in multiple trades at prices ranging from $171.83 to $172.47.
F8: The sales were executed in multiple trades at prices ranging from $166.72 to $166.89.
F9: The sales were executed in multiple trades at prices ranging from $168.43 to $169.33.
F10: The sales were executed in multiple trades at prices ranging from $169.47 to $170.37.
F11: The sales were executed in multiple trades at prices ranging from $170.48 to $171.35.
F12: The sales were executed in multiple trades at prices ranging from $171.58 to $172.04.
F13: On December 24, 2024, the Reporting Person transferred these shares of Class A common stock of the Issuer to the Slowe Family Trust dated January 26, 2012 for no consideration. The Reporting Person is trustee of the trust, and the Reporting Person and members of his immediate family are the sole beneficiaries of the trust. The Reporting Person remains the beneficial owner of the securities held by the trust.
F14: The stock option is fully vested and currently exercisable.
F15: The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.