Derek Andersen - 02 Feb 2022 Form 4 Insider Report for Snap Inc (SNAP)

Role: Chief Financial Officer
Signature: /s/ Atul Porwal, Attorney-in-fact
Issuer symbol: SNAP
Transactions as of: 02 Feb 2022
Transactions value $: $0
Form type: 4
Filing time: 04 Feb 2022, 16:00:33 UTC
Previous filing: 20 Jan 2022
Next filing: 17 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SNAP	Class A Common Stock	Award	$0	+142K	+13.64%	$0.00	1.18M	02 Feb 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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. 16,339 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2021, 10,450 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2023, and the remaining 114,942 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2024. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.

Content

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. 16,339 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2021, 10,450 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2023, and the remaining 114,942 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2024. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.