0001209191-18-031539.txt : 20180518
0001209191-18-031539.hdr.sgml : 20180518
20180518180419
ACCESSION NUMBER: 0001209191-18-031539
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180516
FILED AS OF DATE: 20180518
DATE AS OF CHANGE: 20180518
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hunter Jerry James
CENTRAL INDEX KEY: 0001727499
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38017
FILM NUMBER: 18847922
MAIL ADDRESS:
STREET 1: C/O SNAP INC.
STREET 2: 63 MARKET STREET
CITY: VENICE
STATE: CA
ZIP: 90291
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Snap Inc
CENTRAL INDEX KEY: 0001564408
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
IRS NUMBER: 455452795
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 63 MARKET STREET
CITY: VENICE
STATE: CA
ZIP: 90291
BUSINESS PHONE: (310) 399-3339
MAIL ADDRESS:
STREET 1: 63 MARKET STREET
CITY: VENICE
STATE: CA
ZIP: 90291
FORMER COMPANY:
FORMER CONFORMED NAME: Snapchat Inc
DATE OF NAME CHANGE: 20121211
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-05-16
0
0001564408
Snap Inc
SNAP
0001727499
Hunter Jerry James
C/O SNAP INC.
63 MARKET STREET
VENICE
CA
90291
0
1
0
0
Senior VP, Engineering
Class A Common Stock
2018-05-16
4
S
0
47312
10.5807
D
1962729
D
Class A Common Stock
2018-05-17
4
S
0
50344
10.7164
D
1912385
D
Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") granted by the issuer to the reporting person. Each RSU represents a contingent right to receive one share of issuer's Class A Common Stock.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.555 to $10.61 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.
As reported on a Form 3 filed on January 10, 2018, the reporting person was granted 1,757,874 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. This RSU vests at the rate of 97,656 shares on each of January 24, 2018, April 24, 2018, July 24, 2018 and October 24, 2018, 146,486 shares on January 24, 2019, 146,484 shares on each of April 24, 2019, July 24, 2019 and October 24, 2019, 195,314 shares on each of January 24, 2020 and October 24, 2020, and 195,312 shares on each of April 24, 2020 and July 24, 2020.
Includes 349,883 RSUs granted to the reporting person, of which 10% will vest once the reporting person completes 12 months of continuous service from January 15, 2018; 20% will vest in equal quarterly installments during the second 12-month period of the reporting person's continuous service; 30% will vest in equal quarterly installments during the third 12-month period of the reporting person's continuous service; and 40% will vest in equal quarterly installments during the fourth 12-month period of the reporting person's continuous service.
The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.58 to $10.86 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.
/s/ Atul Porwal, Attorney-in-fact
2018-05-18