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Snap Inc Director's Dealing 2017

Nov 20, 2017

30435_dirs_2017-11-20_74972eb7-dffc-4ad0-9eac-11d40eef010a.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: 2017-11-16

Reporting Person: Khan Imran (Chief Strategy Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-11-16 Class A Common Stock C 186105 $0.00 Acquired 10308770 Direct
2017-11-16 Class A Common Stock S 372210 $12.5384 Disposed 9936560 Direct
2017-11-20 Class A Common Stock C 168613 $0.00 Acquired 10105173 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-11-16 Class B Common Stock $0.00 C 186105 Disposed Class A Common Stock (186105) Direct
2017-11-20 Class B Common Stock $0.00 C 168613 Disposed Class A Common Stock (168613) Direct

Footnotes

F1: Represents shares of Class B Common Stock converted into shares of Class A Common Stock at the option of the reporting person.

F2: Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock
units ("RSUs") granted by the issuer to the reporting person.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.38 to
$12.67 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the
Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the
range set forth in this footnote.

F4: Represents the settlement and release of RSUs granted by the issuer to the reporting person which were subsequently converted to Class A Common Stock and sold to cover tax withholding obligations. Each RSU represents a contingent right to receive one share of issuer's Class B Common Stock.

F5: As reported on a Form 3 filed on March 1, 2017, the reporting person was granted 4,729,562 RSUs, of which 10% vest once the reporting person completes 12 months of continuous service from January 16, 2015; 20% vest in equal quarterly installments during the second 12-month period of the reporting person's continuous service; 30% vest in equal quarterly installments during the third 12-month period of the reporting person's continuous service; and 40% vest in equal quarterly installments during the fourth 12-month period of the reporting person's continuous service.

F6: The Class B Common Stock has no expiration date.