4//SEC Filing
Newhouse Steven O 4
Accession 0000947871-24-000320
CIK 0001713445other
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 6:46 PM ET
Size
16.4 KB
Accession
0000947871-24-000320
Insider Transaction Report
Form 4
Reddit, Inc.RDDT
Newhouse Steven O
Director
Transactions
- Conversion
Class B Common Stock
2024-03-25+8,088,592→ 42,191,092 total(indirect: Indirect interest in a corporation)→ Class A common stock (8,088,592 underlying) - Conversion
Class A common stock, par value $0.0001 per share
2024-03-25+16,182→ 16,182 total(indirect: Indirect interest in a corporation) - Conversion
Series A preferred stock
2024-03-25−7,500,000→ 0 total(indirect: Indirect interest in a corporation)→ Class B common stock (7,500,000 underlying) - Conversion
Series E preferred stock
2024-03-25−588,592→ 0 total(indirect: Indirect interest in a corporation)→ Class B common stock (588,592 underlying) - Conversion
Series F-1 preferred stock
2024-03-25−16,182→ 0 total(indirect: Indirect interest in a corporation)→ Class A common stock (16,182 underlying)
Footnotes (4)
- [F1]Each share of preferred stock, other than any share of Series F-1 preferred stock, converted on a one-for-one basis into Class B common stock in accordance with Reddit, Inc.'s (the "Company") amended and restated certificate incorporation immediately upon the completion of the initial public offering of the Company. Each share of Series F-1 preferred stock converted on a one-for-one basis into Class A common stock in accordance with the Company's amended and restated certificate incorporation immediately upon the completion of the initial public offering of the Company.
- [F2]Advance Magazine Publishers Inc., a New York corporation ("AMPI"), owns the securities of the Company set forth on this report. Mr. Newhouse, by virtue of his affiliations with Advance Publications, Inc. a New York corporation ("API"), and certain holders of equity in API, may be deemed to beneficially own the securities of the Company owned directly by AMPI. API is the indirect parent company of AMPI.
- [F3]Mr. Newhouse disclaims beneficial ownership of the securities owned by AMPI, and this report shall not be deemed an admission that Mr. Newhouse is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
- [F4]The Class B common stock is convertible into an equal number of shares of Class A common stock at any time, at the holder's election. Each share of Class B common stock will convert automatically into one share of Class A common stock upon any transfer, whether or not for value, except for certain permitted transfers set forth in the amended and restated certificate of incorporation of the Company, or upon the first date the aggregate number of then-outstanding shares of Class B common stock ceases to represent at least 7.5% of the aggregate number of then-outstanding shares of the Company's Class A and Class B common stock.
Documents
Issuer
Reddit, Inc.
CIK 0001713445
Entity typeother
Related Parties
1- filerCIK 0001913168
Filing Metadata
- Form type
- 4
- Filed
- Mar 26, 8:00 PM ET
- Accepted
- Mar 27, 6:46 PM ET
- Size
- 16.4 KB