Eric Young - 16 Aug 2023 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Issuer symbol
SNAP
Transactions as of
16 Aug 2023
Net transactions value
-$880,342
Form type
4
Filing time
18 Aug 2023, 19:00:51 UTC
Previous filing
27 Jul 2023
Next filing
20 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale $880,342 -95,303 -2.5% $9.24 3,648,859 16 Aug 2023 Direct F1, F2
transaction SNAP Class A Common Stock Other $0 -138,707 -3.8% $0.000000 3,510,152 16 Aug 2023 Direct F3
transaction SNAP Class A Common Stock Other $0 +138,707 $0.000000 138,707 16 Aug 2023 By Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") granted by the Issuer to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.165 to $9.36 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.
F3 Stock transfer by the reporting person to an entity or entities in which the reporting person retains investment power over such shares.
F4 Shares held by an entity or entities in which the reporting person retains investment power over such shares.