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Sauerberg Robert A.'s Form 4 filing

Reddit, Inc. (RDDT) · filed Mar 27, 2024

Accession no.
0001628280-24-013415
Filed
Mar 27, 2024
Trade date
Mar 25, 2024
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 1 non-derivative transaction and 2 derivative transactions. Open-market purchases total $340.0K. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Sauerberg Robert A.CIK 0001924412Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 25, 2024Class A Common StockPPurchaseAcquired+10,000$34.00+$340,00010,000Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 25, 2024Class B Common StockCConversionDisposed−47,087–F1–0Indirect
Mar 25, 2024Class A Common StockCConversionAcquired+47,087–F2–47,087Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Each share of Preferred Stock, other than any share of Series F-1 Preferred Stock, automatically converted, on a one-for-one basis, into Class B Common Stock immediately prior to the closing of the Issuer's initial public offering.

Referenced by the price of 1 transaction in Table II.

F2

The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis.

Referenced by the price of 1 transaction in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)