Filing Details
- Accession Number:
- 0001209191-18-061032
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-12-04 18:32:00
- Reporting Period:
- 2018-12-03
- Accepted Time:
- 2018-12-04 18:32:00
- 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 |
|---|---|---|---|---|---|---|---|
| 1699293 | Evan Spiegel | C/O Snap Inc. 2772 Donald Douglas Loop North Santa Monica CA 90405 | Chief Executive Officer | Yes | Yes | Yes | 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 | 2018-11-30 | 948,581 | $0.00 | 80,452,061 | No | 4 | G | Direct | |
| Class A Common Stock | Disposition | 2018-12-03 | 1,495,200 | $6.43 | 78,956,861 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | G | Direct | |
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 5,862,410 | Indirect | By Trust |
Footnotes
- Represents a charitable gift by the reporting person.
- Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of fully-vested restricted stock units ("RSUs") granted by the Issuer to the reporting person pursuant to a previously filed Restricted Stock Unit Award Agreement between the Issuer and the reporting person (the "RSU Award Agreement") and reported on a Form 4 filed March 9, 2017. This sale is permitted by the reporting person under the RSU Award Agreement, which requires the satisfaction of tax withholding obligations by the reporting person.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.29 to $6.67 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.
- Shares held by an irrevocable trust over which the reporting person has voting power.
Billionaire Hedge Funds
