Statement of Changes in Beneficial Ownership (4)
November 02 2021 - 07:01PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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|
1. Name
and Address of Reporting Person * O'Sullivan Michael
J. |
2. Issuer Name and Ticker or Trading
Symbol Snap Inc [ SNAP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
General Counsel |
(Last)
(First)
(Middle)
C/O SNAP INC., 3000 31ST STREET |
3. Date of Earliest Transaction (MM/DD/YYYY)
10/29/2021
|
(Street)
SANTA MONICA, CA 90405
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Class A Common Stock |
10/29/2021 |
|
S |
|
5800 (1) |
D |
$52.5455 (2) |
336270 |
I |
By Trust (3) |
Class A Common Stock |
10/29/2021 |
|
S |
|
200 (1) |
D |
$53.495 (4) |
336070 |
I |
By Trust (3) |
Class A Common Stock |
|
|
|
|
|
|
|
804248 |
D |
|
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Explanation of
Responses: |
(1) |
The sales reported were
effected pursuant to a Rule 10b5-1 trading plan adopted by the
reporting person. |
(2) |
The reported price in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $52.24 to $53.23 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. |
(3) |
Includes 160 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 retains investment power over such
shares. |
(4) |
The reported price in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $53.33 to $53.66 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. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
O'Sullivan Michael J.
C/O SNAP INC.
3000 31ST STREET
SANTA MONICA, CA 90405 |
|
|
General Counsel |
|
Signatures
|
/s/ Atul Porwal, Attorney-in-fact |
|
11/2/2021 |
**Signature of Reporting
Person |
Date |
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