JOHN HEYMAN - 18 Aug 2023 Form 4 Insider Report for Snap One Holdings Corp. (SNPO)

Signature
/s/ Joshua D. Ellis, Attorney-in-fact for John Heyman
Issuer symbol
SNPO
Transactions as of
18 Aug 2023
Transactions value $
-$34,434
Form type
4
Filing time
22 Aug 2023, 19:08:09 UTC
Previous filing
17 Aug 2023
Next filing
25 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNPO Common Stock Sale -$34.4K -3.44K -0.2% $10.01 1.75M 18 Aug 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Automatic sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 27, 2023.
F2 This transaction represents sales executed pursuant to the reporting person's written plan pursuant to Rule 10b5-1 in multiple open market transactions. The sales reflected in this line item were made at prices ranging from $10.00 to $10.12. The price reported above reflects the weighted average sale price of trades occurring within that price range. Upon request, the Reporting Person will provide to the Issuer, any security holder of the Issuer or the staff of the SEC full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.