Form 4 for RDDT Reddit
Accepted 2024-08-22 00:00:00 ET · period of report 2024-08-20 · accession 0001713445-24-000068 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-08-22 | 2024-08-20 | RDDT | Wong Jennifer L. | COO | S - Sale+OE | $53.99 | -33.3K | 1.54M | -2% | -$1.80M |
| D | 2024-08-22 | 2024-08-20 | RDDT | Wong Jennifer L. | COO | M - OptEx | $0.00 | +33.3K | 1.58M | +2% | $0 |
| D | 2024-08-22 | 2024-08-20 | RDDT | Wong Jennifer L. | COO | F - Tax | $54.36 | -38.2K | 1.54M | -2% | -$2.07M |
| D | 2024-08-22 | 2024-08-20 | RDDT | Wong Jennifer L. | COO | M - OptEx | $0.00 | -33.3K | 753.1K | -4% | $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 | 2024-08-20 | S | D | 9,326 | $53.99 | 1,555,626 | D | — | — | (F3) The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2024. (F5) The sales were executed in multiple trades at prices ranging from $53.46 to $54.45. |
| 2 | Common | Class A Common Stock | 2024-08-20 | S | D | 10,838 | $52.98 | 1,564,952 | D | — | — | (F3) The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2024. (F4) The sales were executed in multiple trades at prices ranging from $52.45 to $53.44. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (4) to (6) to this Form 4. |
| 3 | Common | Class A Common Stock | 2024-08-20 | S | D | 13,169 | $54.82 | 1,542,457 | D | — | — | (F3) The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2024. (F6) The sales were executed in multiple trades at prices ranging from $54.46 to $55.05. |
| 4 | Common | Class A Common Stock | 2024-08-20 | M | A | 33,333 | $0.00 | 1,575,790 | D | — | — | |
| 5 | Common | Class A Common Stock | 2024-08-20 | F | D | 38,171 | $54.36 | 1,542,457 | D | — | — | (F1) These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale. (F2) The number of shares of Class A Common Stock reflects the cancellation for no consideration of 20,000 performance-based restricted stock units on April 9, 2024 and has been corrected herein. |
| 6 | Derivative | Stock Option (Right to Buy) | 2024-08-20 | M | D | 33,333 | $0.00 | 753,120 | D | $5.35 · — to 2028-06-11 | 33,333 Class A Common Stock | (F8) The Reporting Person's previous Form 4 filed on March 22, 2024 , understated the number of shares of Class A Common Stock subject to the stock option held directly by the Reporting Person. The number of shares of Class A Common Stock subject to the stock option held directly by the Reporting Person has been corrected herein. (F7) The stock option is fully vested and currently exercisable. |