Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-051042
Date:2020-09-15
Issuer: SNAP INC (SNAP)
Original Submission Date:

Reporting Person:

ANDERSEN DEREK
C/O SNAP INC.
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 2020-09-15 S 23,659 d $24.39 1,442,628 direct
CLASS A COMMON STOCK 2020-09-16 S 32,831 d $24.76 1,409,797 direct
CLASS A COMMON STOCK 2020-09-16 S 5,000 d $24.95 1,404,797 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
Footnotes
IDfootnote
f1 the sales reported were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person.
f2 represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("rsus") and the lapse of forfeiture restrictions of restricted stock awards issued by the issuer to the reporting person. each rsu represents a contingent right to receive one share of issuer's class a common stock.
f3 the reported price in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $24.73 to $24.8218 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.
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