Christopher Brian Slowe - 20 Mar 2024 Form 4 Insider Report for Reddit, Inc. (RDDT)

Role
Chief Technology Officer
Signature
/s/ Julie Rogers, Attorney-in-Fact
Issuer symbol
RDDT
Transactions as of
20 Mar 2024
Net transactions value
-$3,081,386
Form type
4
Filing time
22 Mar 2024, 18:56:04 UTC
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 $3,081,386 -90,629 -18% $34.00* 413,684 20 Mar 2024 Direct F1
transaction RDDT Class A Common Stock Conversion of derivative security +185,000 +45% 598,684 20 Mar 2024 Direct F2
holding RDDT Class A Common Stock 30,068 20 Mar 2024 By The Slowe Family Trust dated January 26, 2012

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 -5,000 -100% $0.000000* 0 20 Mar 2024 Class B Common Stock 5,000 $1.93 Direct F3
transaction RDDT Stock Option (Right to Buy) Options Exercise $0 -180,000 -36% $0.000000 319,104 20 Mar 2024 Class B Common Stock 180,000 $1.93 Direct F3
transaction RDDT Class B Common Stock Options Exercise $0 +185,000 $0.000000 185,000 20 Mar 2024 Class A Common Stock 185,000 Direct F2
transaction RDDT Class B Common Stock Conversion of derivative security $0 -185,000 -100% $0.000000* 0 20 Mar 2024 Class A Common Stock 185,000 Direct F2
holding RDDT Class B Common Stock 15,000 20 Mar 2024 Class A Common Stock 15,000 By The Slowe Family Trust dated January 26, 2012 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 Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.
F3 The stock option is fully vested and currently exercisable.