Seibel Michael 4
4 · Reddit, Inc. · Filed Mar 27, 2024
Insider Transaction Report
Form 4
Reddit, Inc.RDDT
Seibel Michael
Director
Transactions
- Conversion
Series C Preferred Stock
2024-03-25−31,697→ 0 total(indirect: By Trust)→ Class B Common Stock (31,697 underlying) - Conversion
Class B Common Stock
2024-03-25+31,697→ 31,697 total(indirect: By Trust)→ Class A Common Stock (31,697 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.