Reddit, Inc. — Director's Dealing 2024

Mar 27, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Reddit, Inc. (RDDT)
CIK: 0001713445
Period of Report: 2024-03-25

Reporting Person: Newhouse Steven O (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-25	Class A common stock, par value $0.0001 per share	C	16182	—	Acquired	16182	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-25	Series A preferred stock	$	C	7500000	Disposed		Class B common stock (7500000)	Indirect
2024-03-25	Series E preferred stock	$	C	588592	Disposed		Class B common stock (588592)	Indirect
2024-03-25	Series F-1 preferred stock	$	C	16182	Disposed		Class A common stock (16182)	Indirect
2024-03-25	Class B Common Stock	$	C	8088592	Acquired		Class A common stock (8088592)	Indirect

Footnotes

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.

F2: Advance Magazine Publishers Inc., a New York corporation ("AMPI"), owns the securities of the Company set forth on this report. Mr. Newhouse, by virtue of his affiliations with Advance Publications, Inc. a New York corporation ("API"), and certain holders of equity in API, may be deemed to beneficially own the securities of the Company owned directly by AMPI. API is the indirect parent company of AMPI.

F3: Mr. Newhouse disclaims beneficial ownership of the securities owned by AMPI, and this report shall not be deemed an admission that Mr. Newhouse is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.

F4: 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.