SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tencent Holdings Ltd

(Last)

(First)

(Middle)

LEVEL 29, THREE PACIFIC PLACE

1 QUEEN'S ROAD EAST

(Street)

WANCHAI

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Reddit, Inc. [ RDDT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/11/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock								50,425	I	See Footnote⁽³⁾
Class A Common Stock	11/11/2024		S		68,537	D	$128.91⁽⁴⁾	10,668,460	I	See Footnote⁽¹⁾
Class A Common Stock	11/11/2024		S		140,575	D	$129.81⁽⁵⁾	10,527,885	I	See Footnote⁽¹⁾
Class A Common Stock	11/11/2024		S		20,453	D	$130.96⁽⁶⁾	10,507,432	I	See Footnote⁽¹⁾
Class A Common Stock	11/11/2024		S		63,821	D	$131.99⁽⁷⁾	10,443,611	I	See Footnote⁽¹⁾
Class A Common Stock	11/11/2024		S		47,821	D	$132.85⁽⁸⁾	10,395,790	I	See Footnote⁽¹⁾
Class A Common Stock	11/11/2024		S		62,832	D	$133.91⁽⁹⁾	10,332,958	I	See Footnote⁽¹⁾
Class A Common Stock	11/11/2024		S		175,525	D	$135⁽¹⁰⁾	10,157,433	I	See Footnote⁽¹⁾
Class A Common Stock	11/11/2024		S		79,562	D	$135.79⁽¹¹⁾	10,077,871	I	See Footnote⁽¹⁾
Class A Common Stock	11/11/2024		S		44,728	D	$136.86⁽¹²⁾	10,033,143	I	See Footnote⁽¹⁾
Class A Common Stock	11/11/2024		S		10,226	D	$137.6⁽¹³⁾	10,022,917	I	See Footnote⁽¹⁾
Class A Common Stock	11/11/2024		S		8,600	D	$138.5⁽¹⁴⁾	10,014,317	I	See Footnote⁽¹⁾
Class A Common Stock	11/12/2024		S		50,669	D	$126.35⁽¹⁵⁾	9,963,648	I	See Footnote⁽¹⁾
Class A Common Stock	11/12/2024		S		87,802	D	$127.25⁽¹⁶⁾	9,875,846	I	See Footnote⁽¹⁾
Class A Common Stock	11/12/2024		S		108,073	D	$128.13⁽¹⁷⁾	9,767,773	I	See Footnote⁽¹⁾
Class A Common Stock	11/12/2024		S		45,688	D	$129.12⁽¹⁸⁾	9,722,085	I	See Footnote⁽¹⁾
Class A Common Stock	11/12/2024		S		22,537	D	$130⁽¹⁹⁾	9,699,548	I	See Footnote⁽¹⁾
Class A Common Stock	11/13/2024		S		24,307	D	$130.16⁽²⁰⁾	9,675,241	I	See Footnote⁽¹⁾
Class A Common Stock	11/13/2024		S		40,663	D	$131.15⁽²¹⁾	9,634,578	I	See Footnote⁽¹⁾
Class A Common Stock	11/13/2024		S		174,575	D	$132.07⁽²²⁾	9,460,003	I	See Footnote⁽¹⁾
Class A Common Stock	11/13/2024		S		108,907	D	$133.02⁽²³⁾	9,351,096	I	See Footnote⁽¹⁾
Class A Common Stock	11/13/2024		S		67,510	D	$134.03⁽²⁴⁾	9,283,586	I	See Footnote⁽¹⁾
Class A Common Stock	11/13/2024		S		44,992	D	$134.81⁽²⁵⁾	9,238,594	I	See Footnote⁽¹⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽²⁾							⁽²⁾	⁽²⁾	Class A Common Stock	437,987		437,987	I	See Footnote⁽³⁾
Class B Common Stock	⁽²⁾							⁽²⁾	⁽²⁾	Class A Common Stock	4,222,385		4,222,385	I	See Footnote⁽¹⁾

1. Name and Address of Reporting Person^*

Tencent Holdings Ltd

(Last)

(First)

(Middle)

LEVEL 29, THREE PACIFIC PLACE

1 QUEEN'S ROAD EAST

(Street)

WANCHAI

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Tencent Cloud Europe B.V.

(Last)

(First)

(Middle)

LEVEL 29, THREE PACIFIC PLACE

1 QUEEN'S ROAD EAST

(Street)

WANCHAI

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Held of record by Tencent Cloud Europe B.V., a wholly-owned subsidiary of Aceville Pte Ltd, which is a wholly-owned subsidiary of TCH Delta Limited, which is a wholly-owned subsidiary of Tencent Holdings Limited ("Tencent").

2. Class B Common Stock is convertible at any time, at the holder's election, or automatically in accordance with the governing documents of the Issuer, into Class A Common Stock, par value of $0.0001 per share, on a one-for-one basis and has no expiration date.

3. Held of record by Jojoba Investment Limited, a wholly-owned subsidiary of Tencent.

4. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $128.39 to $129.38, inclusive. The reporting person undertakes to provide to Issuer, any security holder of 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 ranges set forth in footnotes (4) through (25) to this Form 4.

5. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $129.39 to $130.38, inclusive.

6. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $130.39 to $131.38, inclusive.

7. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $131.40 to $132.38, inclusive.

8. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $132.39 to $133.38, inclusive.

9. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $133.39 to $134.38, inclusive.

10. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $134.39 to $135.38, inclusive.

11. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $135.39 to $136.36, inclusive.

12. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $136.39 to $137.38, inclusive.

13. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $137.39 to $138.38, inclusive.

14. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $138.50 to $138.58, inclusive.

15. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $125.71 to $126.70, inclusive.

16. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $126.72 to $127.70, inclusive.

17. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $127.71 to $128.70, inclusive.

18. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $128.72 to $129.69, inclusive.

19. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $129.71 to $130.42, inclusive.

20. The price reported in column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $129.60 to $130.54, inclusive.

21. The price reported in column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $130.55 to $131.54, inclusive.

22. The price reported in column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $131.55 to $132.54, inclusive.

23. The price reported in column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $132.55 to $133.54, inclusive.

24. The price reported in column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $133.55 to $134.54, inclusive.

25. The price reported in column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $134.55 to $135.01, inclusive.

	TENCENT HOLDINGS LIMITED By: /s/ Ma Huateng, Director	11/13/2024
	TENCENT CLOUD EUROPE B.V. By: /s/ Constant Pieter van der Merwe, Director	11/13/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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