Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-19-042827
Date:2019-07-18
Issuer: SNAP INC (SNAP)
Original Submission Date:

Reporting Person:

LAFLEY ALAN G
2772 DONALD DOUGLAS LOOP NORTH
SANTA MONICA, CA 90405

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2019-07-18 A 8,937 a $0.00 181,180 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
OPTION (RIGHT TO BUY) 14.69 2019-07-18 deemed execution date A 16,802 (a) 2029-07-17 class a common stock 16,802 $14.69 36,033 direct
Footnotes
IDfootnote
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 shall vest after the reporting person completes one year of continuous service from july 18, 2019. 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 one year of continuous service from july 18, 2019. 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.
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