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