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Snap Inc — Director's Dealing 2018
Nov 21, 2018
30435_dirs_2018-11-20_208820cc-e887-4c99-bffc-50f85d7b0bec.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: 2018-11-16
Reporting Person: Hunter Jerry James (Senior VP, Engineering)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-16 | Class A Common Stock | S | 46895 | $6.478 | Disposed | 1767834 | Direct |
| 2018-11-19 | Class A Common Stock | S | 50761 | $6.3699 | Disposed | 1717073 | Direct |
Footnotes
F1: 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. Each RSU represents a contingent right to receive one share of issuer's Class A Common Stock.
F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.455 to $6.53 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.
F3: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.30 to $6.42 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.