Home/Filings/4/0001209191-23-043583
4//SEC Filing

Lynton Michael 4

Accession 0001209191-23-043583

CIK 0001564408other

Filed

Jul 26, 8:00 PM ET

Accepted

Jul 27, 7:00 PM ET

Size

8.2 KB

Accession

0001209191-23-043583

Insider Transaction Report

Form 4
Period: 2023-07-25
Transactions
  • Award

    Class A Common Stock

    2023-07-25+23,401117,366 total
Holdings
  • Class A Common Stock

    (indirect: By Lynton Asset LP)
    600,266
  • Class A Common Stock

    (indirect: By Trust)
    20,661
  • Class A Common Stock

    (indirect: By Foundation)
    100,000
Footnotes (4)
  • [F1]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, 2023. 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.
  • [F2]The reporting person is trustee of Lynton Asset LP. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
  • [F3]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.
  • [F4]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.

Issuer

Snap Inc

CIK 0001564408

Entity typeother

Related Parties

1
  • filerCIK 0001606115

Filing Metadata

Form type
4
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 7:00 PM ET
Size
8.2 KB