Andersen Derek 4
4 · Snap Inc · Filed Jun 20, 2024
Insider Transaction Report
Form 4
Snap IncSNAP
Andersen Derek
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2024-06-17$15.51/sh−95,745$1,485,177→ 2,385,578 total - Sale
Class A Common Stock
2024-06-17$15.40/sh−26,684$410,987→ 2,481,323 total
Footnotes (4)
- [F1]The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 21, 2023.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.29 to $15.485 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.
- [F3]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.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.225 to $15.86 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.