4//SEC Filing
Jenkins Elizabeth 4
Accession 0001209191-20-063356
CIK 0001564408other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 8:00 PM ET
Size
8.2 KB
Accession
0001209191-20-063356
Insider Transaction Report
Form 4
Snap IncSNAP
Jenkins Elizabeth
Director
Transactions
- Award
Class A Common Stock
2020-12-10+1,735→ 1,735 total - Award
Option (right to buy)
2020-12-10+2,988→ 2,988 totalExercise: $50.93Exp: 2030-12-10→ Class A Common Stock (2,988 underlying)
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 will vest after the reporting person completes seven months of continuous service from December 19, 2020. 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]100% of the shares subject to the option will vest upon the reporting person's completion of seven months of continuous service from December 19, 2020. The shares subject to the option 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 shares subject to the option will be deemed fully vested immediately.
Documents
Issuer
Snap Inc
CIK 0001564408
Entity typeother
Related Parties
1- filerCIK 0001832778
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 8:00 PM ET
- Size
- 8.2 KB