Form 4 for RDDT Reddit
Accepted 2024-11-05 00:00:00 ET · period of report 2024-11-01 · accession 0001713445-24-000106 · 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 | 2024-11-05 | 2024-11-01 | RDDT | Seibel Michael | Dir | M - OptEx | $0.00 | +50.0K | 55.1K | +975% | $0 |
| DMI | 2024-11-05 | 2024-11-01 | RDDT | Seibel Michael | Dir | S - Sale+OE | $111.36 | -31.7K | 3,800 | -89% | -$3.53M |
| DM | 2024-11-05 | 2024-11-01 | RDDT | Seibel Michael | Dir | S - Sale+OE | $111.27 | -50.0K | 5,128 | -91% | -$5.56M |
| D | 2024-11-05 | 2024-11-01 | RDDT | Seibel Michael | Dir | M - OptEx | $0.00 | -50.0K | 70.0K | -42% | $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 | 2024-11-01 | M | A | 50,000 | $0.00 | 55,128 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-11-01 | S | D | 3,800 | $112.09 | 0 | I By Michael William Seibel Revocable Trust | — | — | (F2) The sales were executed in multiple trades at prices ranging from $111.81 to $112.32. |
| 3 | Common | Class A Common Stock | 2024-11-01 | S | D | 27,897 | $111.26 | 3,800 | I By Michael William Seibel Revocable Trust | — | — | (F1) The sales were executed in multiple trades at prices ranging from $110.71 to $111.68. 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 (1) to (4) to this Form 4. |
| 4 | Common | Class A Common Stock | 2024-11-01 | S | D | 45,994 | $111.22 | 9,134 | D | — | — | (F3) The sales were executed in multiple trades at prices ranging from $110.62 to $111.61. |
| 5 | Common | Class A Common Stock | 2024-11-01 | S | D | 4,006 | $111.84 | 5,128 | D | — | — | (F4) The sales were executed in multiple trades at prices ranging from $111.62 to $112.26. |
| 6 | Derivative | Stock Option (Right to Buy) | 2024-11-01 | M | D | 50,000 | $0.00 | 70,000 | D | $7.92 · — to 2030-08-07 | 50,000 Class A Common Stock | (F5) The stock option is fully vested and currently exercisable. |