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Snap Inc Director's Dealing 2018

Dec 5, 2018

30435_dirs_2018-12-04_28871a16-285e-470a-b90f-6fb8d853a2fb.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: 2018-12-03

Reporting Person: Spiegel Evan (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-11-30 Class A Common Stock G 948581 $0.00 Disposed 80452061 Direct
2018-12-03 Class A Common Stock S 1495200 $6.4273 Disposed 78956861 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 5862410 Indirect

Footnotes

F1: Represents a charitable gift by the reporting person.

F2: Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of fully-vested restricted stock units ("RSUs") granted by the Issuer to the reporting person pursuant to a previously filed Restricted Stock Unit Award Agreement between the Issuer and the reporting person (the "RSU Award Agreement") and reported on a Form 4 filed March 9, 2017. This sale is permitted by the reporting person under the RSU Award Agreement, which requires the satisfaction of tax withholding obligations by 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 $6.29 to $6.67 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: Shares held by an irrevocable trust over which the reporting person has voting power.