Derek Andersen - 16 Jun 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: 16 Jun 2023
Transactions value $: -$556,292
Form type: 4
Filing time: 21 Jun 2023, 19:00:09 UTC
Previous filing: 18 May 2023
Next filing: 19 Jul 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	Sale	-$556K	-52.9K	-2.14%	$10.52	2.42M	16 Jun 2023	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") and the lapse of forfeiture restrictions of restricted stock awards issued 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 $10.4275 to $10.615 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.

Content

Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") and the lapse of forfeiture restrictions of restricted stock awards issued by the issuer to the reporting person. Each RSU represents a contingent right to receive one share of issuer's Class A Common Stock.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.4275 to $10.615 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.