Form 4 for SNAP Snap Inc
Accepted 2022-01-20 00:00:00 ET · period of report 2022-01-18 · accession 0001209191-22-004184 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-01-20 | 2022-01-18 | SNAP | Andersen Derek | CFO | S - Sale | $36.21 | -13.3K | 1.05M | -1% | -$481.5K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-01-18 | S | D | 9,242 | $35.97 | 1,039,423 | D | — | — | (F2) Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") and the lapse of forfeiture restrictions of restricted stock awards issued by the issuer to the reporting person. Each RSU represents a contingent right to receive one share of issuer's Class A Common Stock. (F3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.65 to $36.44 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. |
| 2 | Common | Class A Common Stock | 2022-01-18 | S | D | 4,055 | $36.75 | 1,048,665 | D | — | — | (F1) The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. |