Filing Details

Accession Number:
0001713445-24-000040
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-28 20:36:27
Reporting Period:
2024-05-23
Accepted Time:
2024-05-28 20:36:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1713445 Reddit Inc. RDDT Services-Computer Processing & Data Preparation (7374) 452546501
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1827011 Ladd Steve Huffman C/O Reddit, Inc.
303 2Nd Street, South Tower, 5Th Floor
San Francisco CA 94107
Ceo & President 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 2024-05-23 21,149 $58.94 689,157 No 4 S Direct
Class A Common Stock Acquisiton 2024-05-23 21,150 $0.00 710,307 No 4 C Direct
Class A Common Stock Disposition 2024-05-23 21,150 $58.94 689,157 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2024-05-23 21,150 $0.00 21,150 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,501,112 No 4 C Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 1,510,784 1,510,784 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
1,510,784 1,510,784 Indirect
Footnotes
  1. Pursuant to an automatic sell-to-cover imposed by the terms of the initial grant of the restricted stock unit awards ("RSUs"), the shares were sold upon the vesting of the RSUs solely to cover applicable withholding taxes. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock.
  2. The price reported in Column 4 is a weighted average price calculated by the broker executing the sell-to-cover transactions. These shares were sold as part of a block trade in multiple transactions, and 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 sales price.
  3. The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.