Derek Andersen - 30 Jan 2023 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: 30 Jan 2023
Transactions value $: $0
Form type: 4
Filing time: 01 Feb 2023, 18:00:16 UTC
Previous filing: 19 Jan 2023
Next filing: 21 Feb 2023
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	+1.49M	+134.39%	$0.00	2.6M	30 Jan 2023	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. 328,383 of these RSUs shall vest in equal quarterly installments during the 36-month period of the reporting person's continuous service from December 15, 2022, 450,869 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 711,495 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2025. 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. 328,383 of these RSUs shall vest in equal quarterly installments during the 36-month period of the reporting person's continuous service from December 15, 2022, 450,869 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 711,495 of these RSUs shall vest in equal quarterly installments during the 12-month period of the reporting person's continuous service from December 15, 2025. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately.