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Filing Details

Accession Number:: 0001209191-17-019737
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-03-09 21:20:33
Reporting Period:: 2017-03-07

Filing Date:: 2017-03-09
Accepted Time:: 2017-03-09 21:20:33
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1564408	Snap Inc	SNAP	Services-Computer Programming, Data Processing, Etc. (7370)	455452795

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1606115	Michael Lynton	C/O Snap Inc. 63 Market Street Venice CA 90291		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2017-03-07	102,670	$17.00	190,670	No	4	S	Indirect	By entity

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By entity

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Series A Preferred Stock	Disposition	2017-03-07	27,550	$0.00	27,550	$0.00
Class B Common Stock	Series A Preferred Stock	Disposition	2017-03-07	1,188,930	$0.00	1,188,930	$0.00
Class B Common Stock	Series C Preferred Stock	Disposition	2017-03-07	293,340	$0.00	293,340	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2017-03-07	1,509,820	$0.00	1,509,820	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	No	4	C	Indirect
0	No	4	C	Indirect
0	No	4	C	Indirect
1,509,820	No	4	C	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	27,550	Indirect	By Alter Grandchildren Trust
Class A Common Stock	1,060,560	Indirect	By Lynton Asset LP
Class A Common Stock	128,370	Indirect	By Lynton Foundation

Footnotes

The reporting person is trustee of the Alter Grandchildren Trust. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
The reporting person is trustee of the Lynton Asset LP. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
The reporting person is trustee of the Lynton Foundation. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
The reporting person has voting and dispositive power over the shares held by the entity. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
Upon the closing of the Issuer's sale of its Class A Common Stock in its firm commitment underwritten initial public offering pursuant to a registration statement on Form S-1 (File No. 333-215866) under the Securities Act of 1933, as amended (the "IPO"), each share of Series A Preferred Stock converted automatically into one share of Class B Common Stock.
Upon closing of the IPO, each share of Series C Preferred Stock converted automatically into one share of Class B Common Stock.
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the reporting person or upon the transfer of such share of Class B Common Stock, other than a Permitted Transfer (as defined in the Issuer's certificate of incorporation then in effect). The Class B Common Stock has no expiration date.