Huffman Steve Ladd's Form 4 filing
Reddit, Inc. (RDDT) · filed Aug 22, 2024
- Accession no.
- 0001713445-24-000066
- Filed
- Aug 22, 2024
- Trade date
- Aug 20-21, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 13 non-derivative transactions and 8 derivative transactions. Open-market sales total $6.72M. 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.
| Owner | Relationship to the company |
|---|---|
| Huffman Steve LaddCIK 0001827011 | Director, Officer (CEO & President), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 20, 2024 | Class A Common Stock | CConversionAcquired | +356,066 | $0.00 | $0 | 1,045,223 | Direct | |
| Aug 20, 2024 | Class A Common Stock | FTax withholdingDisposed | −356,066 | $54.36 | −$19,355,747.76 | 689,157 | Direct | |
| Aug 20, 2024 | Class A Common Stock | CConversionAcquired | +20,093 | $0.00 | $0 | 709,250 | Direct | |
| Aug 20, 2024 | Class A Common Stock | FTax withholdingDisposed | −20,093 | $54.36 | −$1,092,255.48 | 689,157 | Direct | |
| Aug 20, 2024 | Class A Common Stock | CConversionAcquired | +17,288 | $0.00 | $0 | 706,445 | Direct | |
| Aug 20, 2024 | Class A Common Stock | FTax withholdingDisposed | −20,093 | $54.36 | −$1,092,255.48 | 686,352 | Direct | |
| Aug 20, 2024 | Class A Common Stock | SSaleDisposed | −5,000 | $53.02F3 | −$265,100 | 681,352 | Direct | |
| Aug 20, 2024 | Class A Common Stock | SSaleDisposed | −4,292 | $54.13F4 | −$232,325.96 | 677,060 | Direct | |
| Aug 20, 2024 | Class A Common Stock | SSaleDisposed | −4,708 | $54.87F5 | −$258,327.96 | 672,352 | Direct | |
| Aug 20, 2024 | Class A Common Stock | CConversionAcquired | +110,408 | $0.00 | $0 | 110,408 | Indirect | |
| Aug 20, 2024 | Class A Common Stock | SSaleDisposed | −33,026 | $52.95F6 | −$1,748,726.7 | 77,382 | Indirect | |
| Aug 20, 2024 | Class A Common Stock | SSaleDisposed | −31,466 | $53.91F7 | −$1,696,332.06 | 45,916 | Indirect | |
| Aug 20, 2024 | Class A Common Stock | SSaleDisposed | −45,916 | $54.80F8 | −$2,516,196.8 | 0 | Indirect |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 20, 2024 | Class A Common Stock | CConversionDisposed | −356,066 | $0.00 | $0 | 1,482,599 | Direct | |
| Aug 20, 2024 | Class A Common Stock | CConversionDisposed | −20,093 | $0.00 | $0 | 1,462,506 | Direct | |
| Aug 20, 2024 | Class A Common Stock | CConversionDisposed | −17,288 | $0.00 | $0 | 1,445,218 | Direct | |
| Aug 20, 2024 | Class B Common Stock | MOption exerciseDisposed | −110,408 | $0.00 | $0 | 2,058,322 | Indirect | |
| Aug 20, 2024 | Class A Common Stock | MOption exerciseAcquired | +110,408 | $0.00 | $0 | 1,621,192 | Indirect | |
| Aug 20, 2024 | Class A Common Stock | CConversionDisposed | −110,408 | –F9 | – | 1,510,784 | Indirect | |
| Aug 21, 2024 | Class B Common Stock | MOption exerciseDisposed | −86,749 | $0.00 | $0 | 1,971,573 | Indirect | |
| Aug 21, 2024 | Class A Common Stock | MOption exerciseAcquired | +86,749 | $0.00 | $0 | 1,597,533 | Indirect |
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.
- F3
The sales were executed in multiple trades at prices ranging from $52.52 to $53.51. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (3) to (8) to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F4
The sales were executed in multiple trades at prices ranging from $53.54 to $54.52.
Referenced by the price of 1 transaction in Table I.
- F5
The sales were executed in multiple trades at prices ranging from $54.54 to $55.05.
Referenced by the price of 1 transaction in Table I.
- F6
The sales were executed in multiple trades at prices ranging from $52.43 to $53.42.
Referenced by the price of 1 transaction in Table I.
- F7
The sales were executed in multiple trades at prices ranging from $53.43 to $54.42.
Referenced by the price of 1 transaction in Table I.
- F8
The sales were executed in multiple trades at prices ranging from $54.43 to $55.05.
Referenced by the price of 1 transaction in Table I.
- F9
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.