Form 4 for SNAP Snap Inc
Accepted 2022-07-22 00:00:00 ET · period of report 2022-07-20 · accession 0001209191-22-043057 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-07-22 | 2022-07-20 | SNAP | Thorpe Poppy | Dir | A - Grant | $0.00 | +9,114 | 28.8K | +46% | $0 |
| D | 2022-07-22 | 2022-07-20 | SNAP | Thorpe Poppy | Dir | A - Grant | $0.00 | +14.9K | 63.6K | +31% | $0 |
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 | 2022-07-20 | A | A | 9,114 | $0.00 | 28,767 | D | — | — | (F1) Represents shares issuable on settlement of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. 100% of the RSUs shall vest after the reporting person completes one year of continuous service from July 20, 2022. The RSUs will be subject to pro-rata acceleration upon the reporting person's discontinued service on the Issuer's board of directors and automatic full acceleration in the event of a change in control, as defined in the Issuer's 2017 Equity Incentive Plan. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately. |
| 2 | Derivative | Option (right to buy) | 2022-07-20 | A | A | 14,864 | $0.00 | 63,553 | D | $15.03 · — to 2032-07-19 | 14,864 Class A Common Stock | (F2) 100% of the shares subject to the option will vest upon the reporting person's completion of one year of continuous service from July 20, 2022. The shares subject to the option will be subject to pro-rata acceleration upon the reporting person's discontinued service on the Issuer's board of directors and automatic full acceleration in the event of a change in control, as defined in the Issuer's 2017 Equity Incentive Plan. If the reporting person dies while in continuous service, 100% of the shares subject to the option will be deemed fully vested immediately. |