Eric Young, Snap Inc's SVP of Engineering, recently disposed of 119,112 shares of the company. The disposals took place at prices ranging from $0.00 to $11.90 per share, on November 16, 2023. Young still owns 3,529,747 shares of the company. Young operates out of Santa Monica, CA. Some additional info was provided as follows:
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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.805 to $12.00 per s hare, inclusive. 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 price within the range set forth in this footnote.
Stock transfer by the reporting person to an entity or entities in which the reporting person retains investment power over such shares.
Shares held by an entity or entities in which the reporting person retains investment power over such shares.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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