Accession Number: | 0001209191-22-030233 |
Date: | 2022-05-16 |
Issuer: | SNAP INC (SNAP) |
Original Submission Date: |
O'SULLIVAN MICHAEL J.
C/O SNAP INC.
3000 31ST STREET
SANTA MONICA, CA 90405
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
CLASS A COMMON STOCK | 2022-05-16 | S | 43,701 | d | $23.83 | 774,330 | direct | ||
CLASS A COMMON STOCK | 2022-05-16 | J | 36,226 | d | $0.00 | 738,104 | direct | ||
CLASS A COMMON STOCK | 2022-05-16 | J | 36,226 | a | $0.00 | 374,516 | indirect | f4 |
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 Exercisable | Expiration 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 |
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ID | footnote |
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f1 | 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. |
f2 | the reported price in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $23.575 to $24.11 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 | stock transfer by the reporting person to an entity or entities in which the reporting person retains investment power over such shares. |
f4 | includes 160 shares held by certain immediate family members of the reporting person for which the reporting person disclaims beneficial ownership except as to the reporting person's indirect pecuniary interest therein, if any. the remaining shares are held by an entity or entities in which the reporting person retains investment power over such shares. |