Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-18-020998
Date:2018-03-16
Issuer: SNAP INC (SNAP)
Original Submission Date:

Reporting Person:

VOLLERO ANDREW
C/O SNAP INC.
63 MARKET STREET VENICE, CA 90291

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2018-03-16 S 63,117 d $16.99 1,546,299 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 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.
f2 the reported price in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $16.87 to $17.16 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.
f3 as reported on a form 3 filed on march 1, 2017, the reporting person was granted 1,692,710 rsus, of which 10% vested on august 31, 2016; 20% vested on august 31, 2017; 30% will vest in equal quarterly installments during the third 12-month period of reporting person's continuous service; and 40% will vest in equal quarterly installments during the fourth 12-month period of reporting person's continuous service.
f4 as reported on a form 3 filed on march 1, 2017, the reporting person was granted 612,746 rsus, of which 10% vested on january 1, 2018; 20% will vest in equal quarterly installments during the second 12-month period of reporting person's continuous service; 30% will vest in equal quarterly installments during the third 12-month period of reporting person's continuous service; and 40% will vest in equal quarterly installments during the fourth 12-month period of reporting person's continuous service.
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