Advance Publications, Inc 的 Form 4 申報
Reddit, Inc.（RDDT），2024/11/22 申報
- 申報編號
- 0001493152-24-047501
- 申報時間
- 2024/11/22 17:54 ET
- 交易日
- 2024/11/21
- 申報延遲
- 1 天
- 10b5-1 計畫
- 沒有勾選
這份申報列了 2 筆衍生性交易。交易後 1 天申報。
申報人
一份 Form 4 可以有好幾位申報人，例如本人與他控制的基金。各交易表上顯示的是第一位。
| 申報人 | 與公司的關係 |
|---|---|
| Advance Publications, IncCIK 0000914546 | 董事、持股 10% 以上大股東 |
| Advance Magazine Publishers Inc.CIK 0002016043 | 董事、持股 10% 以上大股東 |
非衍生性證券（表 I）
普通股等股票的取得與處分，每一列是申報上的一筆。
這份申報沒有這一類的交易。
衍生性證券（表 II）
選擇權、認股權證、限制型股票單位等。股數是標的股票的股數；單價與金額是衍生證券本身的價格，交易後持有是衍生證券的單位數。
附註與備註
本站收錄交易價格引用的附註、修正申報（Form 4/A）的全部附註，以及申報的備註。其他附註，例如間接持有的方式、交易計畫的細節，請看 SEC EDGAR 上的原文。
- F1
On 11/21/2024, Advance Magazine Publishers Inc. ("AMPI") established a credit facility backed by costless equity collar transactions (the "Transactions") and an aggregate of 10,000,000 shares of Class B common stock (the "Class B Common Stock") of Reddit, Inc. (the "Issuer"). Pursuant to the Transactions, AMPI wrote European call options and purchased European put options over an aggregate of 10,000,000 shares of Class A common stock (the "Class A Common Stock") of the Issuer. The Transactions will be settled in cash unless AMPI elects physical settlement, in which case it expects to convert Class B Common Stock for Class A Common Stock sufficient to satisfy its obligations under the Transactions.
表 II 有 2 筆交易的價格引用這則附註。
- F2
The Transactions expire in 25 equal increments in respect of 400,000 shares each over a series of expiration dates from November 5, 2029 to December 11, 2029, inclusive.
表 II 有 2 筆交易的價格引用這則附註。
- F3
On the relevant expiration date, the call option will automatically be exercised (and the put option will expire unexercised) if the volume weighted average price of the Common Stock on the relevant expiration date (the "Reference Price") is greater than or equal to the call option strike price; the put option will automatically be exercised (and the call option will expire unexercised) if the Reference Price is less than or equal to the put option strike price; and the call option and the put option will each expire unexercised if the Reference Price is greater than the put option strike price but less than the call option strike price; provided that the applicable option buyer may elect to exercise the applicable options on the relevant expiration date regardless of whether or not the applicable options are in-the-money.
表 II 有 2 筆交易的價格引用這則附註。
- F4
The Transactions are a "zero-cost collar," in which no premium was exchanged for either the call option or the put option.
表 II 有 2 筆交易的價格引用這則附註。
備註
Advance Publications, Inc., a New York corporation, may be deemed to beneficially own the securities held of record by AMPI due to its control of AMPI. AMPI has not, and is not, selling any shares in the Issuer as part of entering into the Transactions or otherwise, and intends to remain a long-term stockholder of the Issuer.