Derek Andersen - Feb 2, 2022 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Stock symbol
SNAP
Transactions as of
Feb 2, 2022
Transactions value $
$0
Form type
4
Date filed
2/4/2022, 04:00 PM
Previous filing
Jan 20, 2022
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Award $0 +142K +13.64% $0.00 1.18M Feb 2, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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. 16,339 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2021, 10,450 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2023, and the remaining 114,942 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2024. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.