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Snap Inc Director's Dealing 2018

Mar 21, 2018

30435_dirs_2018-03-20_c4b87ef3-32e2-464e-aced-7326157669a4.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: 2018-03-16

Reporting Person: Vollero Andrew (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-03-16 Class A Common Stock S 63117 $16.9886 Disposed 1546299 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 $16.87 to $17.16 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: As reported on a Form 3 filed on March 1, 2017, the reporting person was granted 1,692,710 RSUs, of which 10% vested on August 31, 2016; 20% vested on August 31, 2017; 30% will vest in equal quarterly installments during the third 12-month period of reporting person's continuous service; and 40% will vest in equal quarterly installments during the fourth 12-month period of reporting person's continuous service.

F4: As reported on a Form 3 filed on March 1, 2017, the reporting person was granted 612,746 RSUs, of which 10% vested on January 1, 2018; 20% will vest in equal quarterly installments during the second 12-month period of reporting person's continuous service; 30% will vest in equal quarterly installments during the third 12-month period of reporting person's continuous service; and 40% will vest in equal quarterly installments during the fourth 12-month period of reporting person's continuous service.