Snap Inc — Director's Dealing 2018

Feb 21, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap Inc (SNAP)
CIK: 0001564408
Period of Report: 2018-02-15

Reporting Person: Khan Imran (Chief Strategy Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-15	Class A Common Stock	S	250000	$20.0552	Disposed	9505173	Direct
2018-02-16	Class A Common Stock	C	165824	$0.00	Acquired	9670997	Direct
2018-02-16	Class A Common Stock	S	338921	$20.2515	Disposed	9332076	Direct
2018-02-20	Class A Common Stock	C	188893	$0.00	Acquired	9520969	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-16	Class B Common	$0.00	C	165824	Disposed		Class A Common (165824)	Direct
2018-02-20	Class B Common Stock	$0.00	C	188893	Disposed		Class A Common Stock (188893)	Direct

Footnotes

F1: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.60 to
$20.56 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: Represents shares of Class B Common Stock converted into shares of Class A Common Stock at the option of the reporting person.

F4: 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.

F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.04 to $20.63 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.

F6: As reported on a Form 3 filed on March 1, 2017, the reporting person was granted 4,729,562 RSUs, of which 10% vested on January 16, 2016; 20% vested in equal quarterly installments during the second 12-month period of the reporting person's continuous service; 30% vested in equal quarterly installments during the third 12-month period of the reporting person's continuous service; and 40% will vest in equal quarterly installments during the fourth 12-month period of the reporting person's continuous service.

F7: The Class B Common Stock has no expiration date.