Horowitz Steven Michael 4
4 · Snap Inc · Filed Nov 3, 2017
Insider Transaction Report
Form 4
Snap IncSNAP
Horowitz Steven Michael
Vice President of Engineering
Transactions
- Conversion
Class A Common Stock
2017-11-02+50,623→ 2,490,678 total - Conversion
Class B Common Stock
2017-11-02−50,623→ 2,379,398 totalExercise: $0.00→ Class A Common Stock (50,623 underlying) - Sale
Class A Common Stock
2017-11-02$14.60/sh−101,246$1,478,455→ 2,389,432 total
Footnotes (5)
- [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 $14.84 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]On August 18, 2017, the reporting person filed a Form 4 which reported the disposition of 50,624 shares of the Issuer's Class A Common Stock. Prior to the disposition, the reporting person converted 25,312 shares of Class B Common Stock into 25,312 shares of Class A Common Stock. In addition, on August 25, 2017, the reporting person filed a Form 4 which reported the disposition of 50,624 shares of the Issuer's Class A Common Stock. Prior to the disposition, the reporting person converted 25,312 shares of Class B Common Stock into 25,312 shares of Class A Common Stock. This Form 4 corrects the amount of securities beneficially owned by the reporting person following the reported transactions.
- [F5]The Class B Common Stock has no expiration date.