Jenkins Elizabeth 4
4 · Snap Inc · Filed Jul 25, 2024
Insider Transaction Report
Form 4
Snap IncSNAP
Jenkins Elizabeth
Director
Transactions
- Sale
Class A Common Stock
2024-07-25$13.50/sh−1,735$23,423→ 50,371 total - Award
Class A Common Stock
2024-07-23+15,891→ 52,106 total
Footnotes (2)
- [F1]Represents shares issuable on settlement of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. 100% of the RSUs shall vest after the reporting person completes one year of continuous service from July 24, 2024. The RSUs will be subject to pro-rata acceleration upon the reporting person's discontinued service on the Issuer's board of directors and automatic full acceleration in the event of a change in control, as defined in the Issuer's 2017 Equity Incentive Plan. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.
- [F2]The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 7, 2024.