0000950170-24-086691.txt : 20240725 0000950170-24-086691.hdr.sgml : 20240725 20240725190005 ACCESSION NUMBER: 0000950170-24-086691 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240723 FILED AS OF DATE: 20240725 DATE AS OF CHANGE: 20240725 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lynton Michael CENTRAL INDEX KEY: 0001606115 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38017 FILM NUMBER: 241143230 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS 12TH FL CITY: LOS ANGELES STATE: CA ZIP: 90067 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Snap Inc CENTRAL INDEX KEY: 0001564408 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 455452795 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3000 31ST STREET CITY: SANTA MONICA STATE: CA ZIP: 90405 BUSINESS PHONE: (310) 399-3339 MAIL ADDRESS: STREET 1: 3000 31ST STREET CITY: SANTA MONICA STATE: CA ZIP: 90405 FORMER COMPANY: FORMER CONFORMED NAME: Snapchat Inc DATE OF NAME CHANGE: 20121211 4 1 ownership.xml 4 X0508 4 2024-07-23 0001564408 Snap Inc SNAP 0001606115 Lynton Michael C/O SNAP INC. 3000 31ST STREET SANTA MONICA CA 90405 true false false false true Class A Common Stock 2024-07-23 4 A false 15891 0.00 A 128700 D Class A Common Stock 2024-07-24 4 S false 11700 13.7399 D 117000 D Class A Common Stock 320794 I By Trust Class A Common Stock 100000 I By Lynton Foundation 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 24, 2024. 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. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 7, 2023. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.51 to $13.89 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. Includes 300,133 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 acts as trustee and the reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein. The reporting person is trustee of Lynton Foundation. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein. /s/ Atul Porwal, Attorney-in-fact 2024-07-25