Sehn Timothy 4

4 · Snap Inc · Filed Oct 4, 2017

Form 4

Period: 2017-10-02

Senior VP of Engineering

Transactions

Exercise/Conversion
Class A Common Stock
2017-10-02+200,000→ 2,669,270 total
Conversion
Class B Common Stock
2017-10-02−200,000→ 0 total
Exercise: $0.00→ Class A Common Stock (200,000 underlying)
Exercise/Conversion
Stock Option (right to buy)
2017-10-02−200,000→ 3,725,000 total
Exercise: $0.00Exp: 2023-09-05→ Class A Common Stock (200,000 underlying)
Conversion
Class A Common Stock
2017-10-02+200,000→ 2,869,279 total
Sale
Class A Common Stock
2017-10-02$14.85/sh−400,000$5,941,840→ 2,469,279 total
Exercise/Conversion
Stock Option (right to buy)
2017-10-02−200,000→ 3,725,000 total
Exercise: $0.58Exp: 2023-09-05→ Class B Common Stock (200,000 underlying)

Footnotes (7)

[F1]Represents shares of Class B Common Stock converted into shares of Class A Common Stock at the option of the reporting person.
[F2]The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
[F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.41 to $15.03 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.
[F4]Reflects an option exercised on October 2, 2017, which shares were subsequently sold on the same day.
[F5]Fully vested.
[F6]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the reporting person.
[F7]The Class B Common Stock has no expiration date.

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