Jennifer L. Wong - 20 Mar 2024 Form 4 Insider Report for Reddit, Inc. (RDDT)

Role
Chief Operating Officer
Signature
/s/ Julie Rogers, Attorney-in-Fact
Issuer symbol
RDDT
Transactions as of
20 Mar 2024
Net transactions value
-$16,015,414
Form type
4
Filing time
22 Mar 2024, 18:55:39 UTC
Previous filing
13 Jun 2023
Next filing
27 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDDT Class A Common Stock Tax liability $18,765,314 -551,921 -24% $34.00* 1,736,813 20 Mar 2024 Direct F1
transaction RDDT Class A Common Stock Options Exercise $1,738,750 +325,000 +19% $5.35* 2,061,813 20 Mar 2024 Direct
transaction RDDT Class A Common Stock Options Exercise $1,011,150 +189,000 $5.35* 189,000 20 Mar 2024 By MorMa Trust dated June 22, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDDT Stock Option (Right to Buy) Options Exercise $0 -189,000 -76% $0.000000 61,000 20 Mar 2024 Class A Common Stock 189,000 $5.35 By MorMa Trust dated June 22, 2021 F2
transaction RDDT Stock Option (Right to Buy) Options Exercise $0 -325,000 -41% $0.000000 461,453 20 Mar 2024 Class A Common Stock 325,000 $5.35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. Not a market sale.
F2 The stock option is fully vested and currently exercisable.