Andrew Vollero - 23 May 2024 Form 4 Insider Report for Reddit, Inc. (RDDT)

Role: Chief Financial Officer
Signature: /s/ Julie Rogers, Attorney-in-Fact
Issuer symbol: RDDT
Transactions as of: 23 May 2024
Transactions value $: -$2,981,352
Form type: 4
Filing time: 28 May 2024, 20:37:11 UTC
Previous filing: 27 Mar 2024
Next filing: 22 Aug 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	Sale	-$2.98M	-50.6K	-7.42%	$58.94^*	631K	23 May 2024	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Pursuant to an automatic sell-to-cover imposed by the terms of the initial grant of the restricted stock unit awards ("RSUs"), the shares were sold upon the vesting of the RSUs solely to cover applicable withholding taxes. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock.
F2	The price reported in Column 4 is a weighted average price calculated by the broker executing the sell-to-cover transactions. These shares were sold as part of a block trade in multiple transactions, and 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 sales price.

Content

Pursuant to an automatic sell-to-cover imposed by the terms of the initial grant of the restricted stock unit awards ("RSUs"), the shares were sold upon the vesting of the RSUs solely to cover applicable withholding taxes. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock.

The price reported in Column 4 is a weighted average price calculated by the broker executing the sell-to-cover transactions. These shares were sold as part of a block trade in multiple transactions, and 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 sales price.