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Snap Inc — Director's Dealing 2017
Sep 8, 2017
30435_dirs_2017-09-08_44d591ea-8ec1-4017-97ad-ae9ebc2edfec.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Snap Inc (SNAP)
CIK: 0001564408
Period of Report: 2017-09-08
Reporting Person: O'Sullivan Michael J. (General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-09-08 | Class A Common Stock | A | 1065385 | $0.00 | Acquired | 1065385 | Direct |
Footnotes
F1: Represents shares issuable on settlement of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. 10% of the RSUs will have the service-based requirement satisfied in equal quarterly installments during the first 12 months of continuous service from August 15, 2017; 20% of the RSUs will have the service-based requirement satisfied in equal quarterly installments during the second 12-month period of reporting person's continuous service; 30% of the RSUs will have the service-based requirement satisfied in equal quarterly installments during the third 12-month period of reporting person's continuous service; and 40% of the RSUs will have the service-based requirement satisfied in equal quarterly installments during the fourth 12-month period of reporting person's continuous service.