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Snap Inc — Director's Dealing 2017
Mar 3, 2017
30435_dirs_2017-03-03_ad008e6f-3c62-4960-871d-75c851256d6d.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: 2017-03-01
Reporting Person: Horowitz Steven Michael (Vice President of Engineering)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-01 | Class A Common Stock | F | 404437 | $17.00 | Disposed | 2806142 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-01 | Class B Common Stock | $0.00 | F | 396099 | Disposed | Class B Common Stock (396099) | Direct |
Footnotes
F1: Represents shares that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units ("RSUs"), previously reported on a Form 3 filed on March 1, 2017, and does not represent a sale by the reporting person. The shares were withheld upon the effectiveness, on March 1, 2017, of the issuer's registration statement on Form S-1 (File No. 333-215866) under the Securities Act of 1933, as amended, for the initial public offering of its Class A Common Stock, based on a price of $17.00 per share, which represented the initial public offering price of the issuer's Class A Common Stock.
F2: The Class B Common Stock has no expiration date.