Filing Details

Accession Number:
0001713445-24-000068
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-08-22 20:40:19
Reporting Period:
2024-08-20
Accepted Time:
2024-08-22 20:40:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1713445 Reddit Inc. RDDT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1663651 L. Jennifer Wong C/O Reddit, Inc.
303 2Nd Street, South Tower, 5Th Floor
San Francisco CA 94107
Chief Operating 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 2024-08-20 38,171 $54.36 1,542,457 No 4 F Direct
Class A Common Stock Acquisiton 2024-08-20 33,333 $0.00 1,575,790 No 4 M Direct
Class A Common Stock Disposition 2024-08-20 10,838 $52.98 1,564,952 No 4 S Direct
Class A Common Stock Disposition 2024-08-20 9,326 $53.99 1,555,626 No 4 S Direct
Class A Common Stock Disposition 2024-08-20 13,169 $54.82 1,542,457 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 S 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 Stock Option (Right to Buy) Disposition 2024-08-20 33,333 $0.00 33,333 $5.35
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
753,120 2028-06-11 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 161,000 Indirect By MorMa Trust dated June 22, 2021
Footnotes
  1. These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
  2. The number of shares of Class A Common Stock reflects the cancellation for no consideration of 20,000 performance-based restricted stock units on April 9, 2024 and has been corrected herein.
  3. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 21, 2024.
  4. The sales were executed in multiple trades at prices ranging from $52.45 to $53.44. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (4) to (6) to this Form 4.
  5. The sales were executed in multiple trades at prices ranging from $53.46 to $54.45.
  6. The sales were executed in multiple trades at prices ranging from $54.46 to $55.05.
  7. The stock option is fully vested and currently exercisable.
  8. The Reporting Person's previous Form 4 filed on March 22, 2024 , understated the number of shares of Class A Common Stock subject to the stock option held directly by the Reporting Person. The number of shares of Class A Common Stock subject to the stock option held directly by the Reporting Person has been corrected herein.