Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Reddit, Inc. Director's Dealing 2024

Mar 28, 2024

30043_dirs_2024-03-27_5d4818ad-7ce0-437b-b96f-53905713e0c6.zip

Director's Dealing

Open in viewer

Opens in your device viewer

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.