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Snap Inc — Director's Dealing 2017
Aug 10, 2017
30435_dirs_2017-08-10_34fec966-1bd2-4322-a3cb-fd90e497f101.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: 2017-07-19
Reporting Person: Lynton Michael (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-07-19 | Class A Common Stock | C | 27550 | $0.00 | Acquired | 55100 | Indirect |
| 2017-07-21 | Class A Common Stock | C | 1188930 | $0.00 | Acquired | 2249490 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-19 | Class B Common Stock | $ | C | 27550 | Disposed | Class A Common Stock (27550) | Indirect | |
| 2017-07-21 | Class B Common Stock | $ | C | 1188930 | Disposed | Class A Common Stock (1188930) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 128370 | Indirect |
| Class A Common Stock | 484010 | Indirect |
Footnotes
F1: Represents the number of shares that were acquired upon conversion of Class B Common Stock into Class A Common Stock at the election of the Reporting Person.
F2: The shares were subject to a lock-up agreement as of the date of conversion. Such lock-up expired by its terms on July 29, 2017.
F3: The reporting person is trustee of the Alter Grandchildren Trust. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
F4: The reporting person is trustee of the Lynton Asset LP. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
F5: The reporting person is trustee of the Lynton Foundation. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
F6: The reporting person has voting and dispositive power over the shares held by the entity. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
F7: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the reporting person or upon the transfer of such share of Class B Common Stock, other than a Permitted Transfer (as defined in the Issuer's certificate of incorporation then in effect). The Class B Common Stock has no expiration date.