Sauerberg Robert A. 4
4 · Reddit, Inc. · Filed Mar 27, 2024
Insider Transaction Report
Form 4
Reddit, Inc.RDDT
Sauerberg Robert A.
Director
Transactions
- Purchase
Class A Common Stock
2024-03-25$34.00/sh+10,000$340,000→ 10,000 total - Conversion
Class B Common Stock
2024-03-25+47,087→ 47,087 total(indirect: By Trust)→ Class A Common Stock (47,087 underlying) - Conversion
Series E Preferred Stock
2024-03-25−47,087→ 0 total(indirect: By Trust)→ Class B Common Stock (47,087 underlying)
Footnotes (2)
- [F1]Each share of Preferred Stock, other than any share of Series F-1 Preferred Stock, automatically converted, on a one-for-one basis, into Class B Common Stock immediately prior to the closing of the Issuer's initial public offering.
- [F2]The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.