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Reddit, Inc. — Director's Dealing 2024
Mar 28, 2024
30043_dirs_2024-03-27_5d4818ad-7ce0-437b-b96f-53905713e0c6.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: 2024-03-25
Reporting Person: Tencent Holdings Ltd (N/A)
Reporting Person: Tencent Cloud Europe B.V. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-25 | Class A Common Stock | C | 3200000 | — | Acquired | 3200000 | Indirect |
| 2024-03-25 | Class A Common Stock | C | 1076997 | — | Acquired | 4276997 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-25 | Series D Preferred Stock | $ | C | 7984891 | Disposed | Class B Common Stock (7984891) | Indirect | |
| 2024-03-25 | Series D-1 Preferred Stock | $ | C | 3543124 | Disposed | Class B Common Stock (3543124) | Indirect | |
| 2024-03-25 | Series E Preferred Stock | $ | C | 2354370 | Disposed | Class B Common Stock (2354370) | Indirect | |
| 2024-03-25 | Series F-1 Preferred Stock | $ | C | 1076997 | Disposed | Class A Common Stock (1076997) | Indirect | |
| 2024-03-25 | Class B Common Stock | $ | C | 7984891 | Acquired | Class A Common Stock (7984891) | Indirect | |
| 2024-03-25 | Class B Common Stock | $ | C | 3200000 | Disposed | Class A Common Stock (3200000) | Indirect | |
| 2024-03-25 | Class B Common Stock | $ | C | 3543124 | Acquired | Class A Common Stock (3543124) | Indirect | |
| 2024-03-25 | Class B Common Stock | $ | C | 2354370 | Acquired | Class A Common Stock (2354370) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 50425 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (437987) | 437987 | Indirect |
Footnotes
F1: Held of record by Tencent Cloud Europe B.V., a wholly-owned subsidiary of Tencent Holdings Limited ("Tencent").
F2: The Series D-1 Preferred Stock, par value of $0.0001 per share, Series E Preferred Stock, par value of $0.0001 per share, and Series D Preferred Stock, par value of $0.0001 per share, automatically converted into shares of Class B Common Stock, par value of $0.0001, on a one-for-one basis at the closing of the Issuer's initial public offering and had no expiration date. Class B Common Stock is convertible at any time, at the holder's election, or automatically in accordance with the governing documents of the Issuer, into Class A Common Stock, par value of $0.0001 per share, on a one-for-one basis and has no expiration date.
F3: Upon conversion of 3,200,000 of the 7,984,891 shares of the Series D Preferred Stock that automatically converted into shares of Class B Common Stock on a one-for-one basis at the closing of the Issuer's initial public offering and had no expiration date, pursuant to the terms of a certain capital stock conversion election, the resulting 3,200,000 shares of the Class B Common Stock were voluntarily converted into Class A Common Stock on a one-for-one basis and had no expiration date.
F4: The Series F-1 Preferred Stock, par value of $0.0001 per share, automatically converted into Class A Common Stock on a one-for-one basis at the closing of the Issuer's initial public offering and had no expiration date.
F5: Held of record by Jojoba Investment Limited, a wholly-owned subsidiary of Tencent.
F6: Held of record by Jojoba Investment Limited, a wholly-owned subsidiary of Tencent. Class B Common Stock is convertible at any time, at the holder's election, or automatically in accordance with the governing documents of the Issuer, into Class A Common Stock on a one-for-one basis and has no expiration date.