0001209191-18-031554.txt : 20180518
0001209191-18-031554.hdr.sgml : 20180518
20180518181148
ACCESSION NUMBER: 0001209191-18-031554
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180516
FILED AS OF DATE: 20180518
DATE AS OF CHANGE: 20180518
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sweet Lara
CENTRAL INDEX KEY: 0001623689
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38017
FILM NUMBER: 18847959
MAIL ADDRESS:
STREET 1: 22000 AOL WAY
CITY: DULLES
STATE: VA
ZIP: 20166
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Snap Inc
CENTRAL INDEX KEY: 0001564408
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
IRS NUMBER: 455452795
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 63 MARKET STREET
CITY: VENICE
STATE: CA
ZIP: 90291
BUSINESS PHONE: (310) 399-3339
MAIL ADDRESS:
STREET 1: 63 MARKET STREET
CITY: VENICE
STATE: CA
ZIP: 90291
FORMER COMPANY:
FORMER CONFORMED NAME: Snapchat Inc
DATE OF NAME CHANGE: 20121211
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-05-16
0
0001564408
Snap Inc
SNAP
0001623689
Sweet Lara
C/O SNAP INC.
63 MARKET STREET
VENICE
CA
90291
0
1
0
0
VP, Chief Accounting Officer
Class A Common Stock
2018-05-16
4
S
0
823
10.63
D
630626
D
Represents the sale of shares to cover tax withholding obligations in connection with the settlement and release of restricted stock units ("RSUs") granted by the issuer to the reporting person. Each RSU represents a contingent right to receive one share of issuer's Class A Common Stock.
As reported on a Form 3 filed on November 17, 2017, the reporting person was granted 498,048 RSUs. This RSU vests at the rate of 29,296 shares on each of December 15, 2017 and June 27, 2018, 29,298 shares on March 27, 2018, 43,946 shares on each of September 27, 2018, December 15, 2018, and June 27, 2019, 43,944 shares on March 27, 2019, and 58,594 shares on each of September 27, 2019, December 15, 2019, March 27, 2020, and June 27, 2020.
As reported on a Form 3 filed on November 17, 2017, the reporting person was granted 21,433 RSUs, of which 10% vested once the reporting person completed 12 months of continuous service from February 15, 2017; 20% will vest in equal quarterly installments during the second 12-month period of the reporting person's continuous service; 30% will vest in equal quarterly installments during the third 12-month period of the reporting person's continuous service; and
40% will vest in equal quarterly installments during the fourth 12-month period of the reporting person's continuous service.
As reported on a Form 3 filed on November 17, 2017, the reporting person was granted 11,601 RSUs, of which 10% vested once the reporting person completed 12 months of continuous service from May 15, 2017; 20% will vest in equal quarterly installments during the second 12-month period of the reporting person's continuous service; 30% will vest in equal quarterly installments during the third 12-month period of the reporting person's continuous service; and
40% will vest in equal quarterly installments during the fourth 12-month period of the reporting person's continuous service.
/s/ Atul Porwal, Attorney-in-fact
2018-05-18