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Reddit, Inc. — Director's Dealing 2024
Mar 20, 2024
30043_dirs_2024-03-20_2909cca9-95b5-4456-96bb-7a136e0c5034.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Reddit, Inc. (RDDT)
CIK: 0001713445
Period of Report: 2024-03-20
Reporting Person: Advance Magazine Publishers Inc. (Director, 10% Owner)
Reporting Person: ADVANCE PUBLICATIONS, INC (Director, 10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B common stock, par value $0.0001 per share | $0 | Class A common stock (34102500) | Direct | ||
| Series A preferred stock | $0 | Class B common stock (7500000) | Direct | ||
| Series E preferred stock | $0 | Class B common stock (588592) | Direct | ||
| Series F-1 preferred stock | $0 | Class A common stock (16182) | Direct |
Footnotes
F1: 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 Reddit, Inc. (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.
F2: Each share of preferred stock, other than any share of Series F-1 preferred stock, is convertible on a one-for-one basis into Class B common stock at any time at the holder's election. Each share of Series F-1 preferred stock is convertible on a one-for-one basis into Class A common stock at any time at the holder's election. The preferred stock will convert automatically upon the closing of the Company's initial public offering.