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Snap Inc — Director's Dealing 2018
Jan 3, 2018
30435_dirs_2018-01-03_7a884cc7-04a5-480a-91c7-a73da9445001.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: 2017-12-29
Reporting Person: Sweet Lara (VP, Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-12-29 | Class A Common Stock | A | 161104 | $0.00 | Acquired | 662890 | Direct |
Footnotes
F1: The reporting person was granted 21,150 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of issuer's Class A Common Stock. 10% of the RSUs will vest once the reporting person completes 12 months of continuous service from November 15, 2017; 20% will vest in equal quarterly installments during the second 12-month period of the reporting person's continuous service; 30% will vest 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.
F2: The reporting person was granted 139,954 RSUs. 10% of the RSUs will vest once the reporting person completes 12 months of continuous service from January 15, 2018; 20% will vest in equal quarterly installments during the second 12-month period of the reporting person's continuous service; 30% will vest 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.
F3: As reported on a Form 3 filed on November 17, 2017, the reporting person was granted 498,048 RSUs. This RSU vests at the rate of 29,296 shares on each of December 15, 2017 and June 27, 2018, 29,298 shares on March 27, 2018, 43,946 shares on each of September 27, 2018, December 15, 2018, and June 27, 2019, 43,944 shares on March 27, 2019, and 58,594 shares on each of September 27, 2019, December 15, 2019, March 27, 2020, and June 27, 2020.
F4: As reported on a Form 3 filed on November 17, 2017, the reporting person was granted 21,433 RSUs, of which 10% will vest once the reporting person completes 12 months of continuous service from February 15, 2017; 20% will vest in equal quarterly installments during the second 12-month period of the reporting person's continuous service; 30% will vest 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.
F5: As reported on a Form 3 filed on November 17, 2017, the reporting person was granted 11,601 RSUs, of which 10% will vest once the reporting person completes 12 months of continuous service from May 15, 2017; 20% will vest in equal quarterly installments during the second 12-month period of the reporting person's continuous service; 30% will vest 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.