Snap Inc
For the period ended Jun 30, 2024. Filed Aug 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 2, 2024
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Item 5. Other Information
Insider Trading Arrangements
During the quarter ended June 30, 2024, our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated the contracts, instructions, or written plans for the purchase or sale of our securities set forth in the table below:
| Type of Trading Arrangement | |||||
|---|---|---|---|---|---|
| Name and Position | Date | Action | Rule 10b5-1 (1) | Expiration Date | Total Shares of Class A Common Stock to be Sold |
| Michael Lynton, Director and Chairperson of the Board | 6/3/2024 | Adoption (2) | X | 05/21/2026 | Up to 377,256 (3) |
| Rebecca Morrow, Chief Accounting Officer | 6/6/2024 | Adoption | X | 06/10/2025 | (4) |
| Poppy Thorpe, Director | 6/10/2024 | Adoption | X | 09/15/2025 | Up to 63,163 |
(1)Contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
(2)Plan adopted in accordance with Rule 10b5-1(c)(1)(ii)(D)(2).
(3)Trading arrangement provides for the sale of up to 377,256 shares of Class A common stock on behalf of Mr. Lynton, the Lynton Foundation, and certain family members of Mr. Lynton.
(4)Trading arrangement provides for the sale of a number of shares of Class A common stock held by Ms. Morrow with a value equal to up to $600,000.
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