0001209191-20-043382.txt : 20200722
0001209191-20-043382.hdr.sgml : 20200722
20200722184133
ACCESSION NUMBER: 0001209191-20-043382
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200719
FILED AS OF DATE: 20200722
DATE AS OF CHANGE: 20200722
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lynton Michael
CENTRAL INDEX KEY: 0001606115
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38017
FILM NUMBER: 201042358
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]
IRS NUMBER: 455452795
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2772 DONALD DOUGLAS
STREET 2: LOOP NORTH
CITY: SANTA MONICA
STATE: CA
ZIP: 90405
BUSINESS PHONE: (310) 399-3339
MAIL ADDRESS:
STREET 1: 2772 DONALD DOUGLAS
STREET 2: LOOP NORTH
CITY: SANTA MONICA
STATE: CA
ZIP: 90405
FORMER COMPANY:
FORMER CONFORMED NAME: Snapchat Inc
DATE OF NAME CHANGE: 20121211
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-07-19
0
0001564408
Snap Inc
SNAP
0001606115
Lynton Michael
C/O SNAP INC.
2772 DONALD DOUGLAS LOOP NORTH
SANTA MONICA
CA
90405
1
0
0
0
Class A Common Stock
2020-07-19
4
A
0
5800
0.00
A
82886
D
Class A Common Stock
2020-07-20
4
J
0
100000
0.00
A
100000
I
By Lynton Foundation
Class A Common Stock
2020-07-20
4
J
0
100000
0.00
D
1500062
I
By Lynton Asset LP
Class A Common Stock
20661
I
By Alter Grandchildren Trust
Option (right to buy)
24.24
2020-07-19
4
A
0
10612
0.00
A
2030-07-18
Class A Common Stock
10612
46645
D
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 19, 2020. 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.
Stock transfer from Lynton Asset LP.
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.
Stock transfer to Lynton Foundation.
The reporting person is trustee of the Lynton Asset LP. 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 the Alter Grandchildren Trust. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
100% of the shares subject to the option will vest upon the reporting person's completion of one year of continuous service from July 19, 2020. The shares subject to the option 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 shares subject to the option will be deemed fully vested immediately.
/s/ Atul Porwal, Attorney-in-fact
2020-07-22