Jerry James Hunter - Aug 12, 2022 Form 4 Insider Report for Snap Inc (SNAP)

Signature
/s/ Atul Porwal, Attorney-in-fact
Stock symbol
SNAP
Transactions as of
Aug 12, 2022
Transactions value $
-$1,225,800
Form type
4
Date filed
8/16/2022, 08:16 PM
Previous filing
May 25, 2022
Next filing
Sep 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNAP Class A Common Stock Sale -$475K -42.1K -6.32% $11.29 624K Aug 12, 2022 By Trust F1, F2, F3
transaction SNAP Class A Common Stock Sale -$750K -61.1K -4.72% $12.28 1.23M Aug 16, 2022 Direct F4, F5
transaction SNAP Class A Common Stock Other $0 -86.7K -7.03% $0.00 1.15M Aug 16, 2022 Direct F6
transaction SNAP Class A Common Stock Other $0 +86.7K +13.91% $0.00 710K Aug 16, 2022 By Trust F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.14 to $11.39 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.
F3 Shares held by a family trust over which the reporting person has voting power.
F4 Represents the sale of shares to cover tax withholding obligations in connection with lapse of forfeiture restrictions of restricted stock awards granted by the issuer to the reporting person.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.02 to $12.6801 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.
F6 Stock transfer to a family trust over which the reporting person has voting power.
F7 Stock transfer from the reporting person.