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
- These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
- 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.
- 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.
- 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.
- The sales were executed in multiple trades at prices ranging from $53.46 to $54.45.
- The sales were executed in multiple trades at prices ranging from $54.46 to $55.05.
- The stock option is fully vested and currently exercisable.
- 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.