Filing Details

Accession Number:
0001209191-18-031554
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-18 18:11:48
Reporting Period:
2018-05-16
Accepted Time:
2018-05-18 18:11:48
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
1623689 Lara Sweet C/O Snap Inc.
63 Market Street
Venice CA 90291
Vp, Chief Accounting Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2018-05-16 823 $10.63 630,626 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. 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.
  2. As reported on a Form 3 filed on November 17, 2017, the reporting person was granted 498,048 RSUs. This RSU vests at the rate of 29,296 shares on each of December 15, 2017 and June 27, 2018, 29,298 shares on March 27, 2018, 43,946 shares on each of September 27, 2018, December 15, 2018, and June 27, 2019, 43,944 shares on March 27, 2019, and 58,594 shares on each of September 27, 2019, December 15, 2019, March 27, 2020, and June 27, 2020.
  3. As reported on a Form 3 filed on November 17, 2017, the reporting person was granted 21,433 RSUs, of which 10% vested once the reporting person completed 12 months of continuous service from February 15, 2017; 20% will vest in equal quarterly installments during the second 12-month period of the reporting person's continuous service; 30% will vest in equal quarterly installments during the third 12-month period of the reporting person's continuous service; and40% will vest in equal quarterly installments during the fourth 12-month period of the reporting person's continuous service.
  4. As reported on a Form 3 filed on November 17, 2017, the reporting person was granted 11,601 RSUs, of which 10% vested once the reporting person completed 12 months of continuous service from May 15, 2017; 20% will vest in equal quarterly installments during the second 12-month period of the reporting person's continuous service; 30% will vest in equal quarterly installments during the third 12-month period of the reporting person's continuous service; and40% will vest in equal quarterly installments during the fourth 12-month period of the reporting person's continuous service.