Eric Young - 29 Nov 2023 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Issuer symbol
SNAP
Transactions as of
29 Nov 2023
Net transactions value
+$687,503
Form type
4
Filing time
01 Dec 2023, 19:00:11 UTC
Previous filing
20 Nov 2023
Next filing
07 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Award $687,503 +74,969 +2.3% $9.17 3,351,111 29 Nov 2023 Direct F1
holding SNAP Class A Common Stock 253,605 29 Nov 2023 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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. These RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from November 15, 2023. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.
F2 Shares held by an entity or entities in which the reporting person retains investment power over such shares.