Snap awards 46,905 RSUs to director Scott D. Miller
MILLER SCOTT D reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MILLER SCOTT D reported acquisition or exercise transactions in this Form 4 filing.
Snap IncScott D. Miller46,905 restricted stock units (RSUs)219,757 shares100% of the RSUs vest after one year of continuous service from August 1, 2026
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 46,905 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares issuable on settlement of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock. 100% of the RSUs shall vest after the reporting person completes one year of continuous service from August 1, 2026. The RSUs will be subject to pro-rata acceleration upon the reporting person's discontinued service on the Issuer's board of directors and automatic full acceleration in the event of a change in control, as defined in the Issuer's 2017 Equity Incentive Plan. If the reporting person dies while in continuous service, 100% of the RSUs will be deemed fully vested immediately. The settlement of such RSUs will be deferred until the earlier of a) the 90th day following the reporting person's separation from service from the Issuer (as defined under Treasury Regulations Section 1.409A-1(h)) or b) a change in control.
Key Figures
Key Terms
restricted stock units financial
change in control financial
pro-rata acceleration financial
Treasury Regulations Section 1.409A-1(h) regulatory
2017 Equity Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Snap (SNAP) director Scott D. Miller report on this Form 4?
How many Snap (SNAP) RSUs were granted to Scott D. Miller and at what cost?
When do Scott D. Miller’s new Snap (SNAP) RSUs vest?
What happens to Scott D. Miller’s Snap (SNAP) RSUs if his board service ends early?
AI-generated analysis. How Rhea-AI works. Not financial advice.