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Filing Details

Accession Number:: 0001209191-20-011307
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-02-20 19:30:08
Reporting Period:: 2020-02-20

Accepted Time:: 2020-02-20 19:30:08
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
1727499	James Jerry Hunter	C/O Snap Inc. 2772 Donald Douglas Loop North Santa Monica CA 90405	Senior Vp, Engineering	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2020-02-18	1,454,296	$0.00	2,881,997	No	4	A	Direct
Class A Common Stock	Disposition	2020-02-18	97,859	$17.27	2,784,138	No	4	S	Direct
Class A Common Stock	Disposition	2020-02-20	56,540	$17.04	2,727,598	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

Consists of 1,454,296 shares of Class A Common Stock issued to the reporting person as a restricted stock award, subject to a forfeiture condition. The forfeiture condition will lapse as to approximately 6.82% of the shares subject to the award on each of February 15, 2021, May 15, 2021, August 15, 2021, and November 15, 2021. Thereafter, the forfeiture condition will lapse as to the remaining shares subject to the award in eight equal quarterly installments through November 15, 2023. If the reporting person dies while in continuous service, the forfeiture condition will lapse immediately as to 100% of the then unvested shares.
Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") and the lapse of forfeiture restrictions of restricted stock awards issued by the issuer to the reporting person. Each RSU represents a contingent right to receive one share of issuer's Class A Common Stock.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.225 to $17.39 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.
The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted 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 $16.955 to $17.145 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.