S-8 1 d476716ds8.htm S-8 S-8

As filed with the Securities and Exchange Commission on April 28, 2023

Registration No. 333-

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

Snap Inc.

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware   45-5452795

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. Employer

Identification No.)

3000 31st Street

Santa Monica, California 90405

(310) 399-3339

(Address of principal executive offices) (Zip code)

Snap Inc. 2017 Equity Incentive Plan

(Full title of the plan)

Evan Spiegel

Chief Executive Officer

Snap Inc.

3000 31st Street

Santa Monica, California 90405

(310) 399-3339

(Name and address of agent for service) (Telephone number, including area code, of agent for service)

 

 

Copies to:

Michael O’Sullivan

Atul Porwal

Snap Inc.

3000 31st Street

Santa Monica, California 90405

(310) 399-3339

 

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer   ☒    Accelerated filer   ☐
Non-accelerated filer   ☐    Smaller reporting company   ☐
     Emerging growth company   ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.  ☐

 

 

 

EXPLANATORY NOTE

REGISTRATION OF ADDITIONAL SHARES

This Registration Statement on Form S-8 is being filed to register an additional 78,704,279 shares of Class A common stock under the 2017 Equity Incentive Plan (the “2017 Plan”) as a result of an evergreen provision in the 2017 Plan providing that the total number of shares of Class A common stock reserved for issuance under the 2017 Plan will be automatically increased as of the first day of each fiscal year, starting on January 1, 2018.

These additional shares of Class A common stock are securities of the same class as other securities for which a Registration Statement on Form S-8 (File No. 333-216495) (“Prior Registration Statement”) was filed with the Securities and Exchange Commission on March 7, 2017. In accordance with Instruction E of Form S-8, the contents of the Prior Registration Statement are incorporated herein by reference and made a part of this Registration Statement on Form S-8.

 

ITEM 5.

INTERESTS OF NAMED EXPERTS AND COUNSEL

As of the date of this Registration Statement, (i) Cooley LLP beneficially owns an aggregate of 6,000 shares of the Registrant’s Class A common stock, and (ii) certain attorneys of Cooley LLP beneficially own an aggregate of 39,309 shares of the Registrant’s Class A common stock.

 

ITEM 8.

EXHIBITS

 

          Incorporated by Reference  

Exhibit
Number

   

Description

    Schedule/
Form		      File Number      Exhibit      Filing Date  
4.1    Amended and Restated Certificate of Incorporation of Snap Inc.      S-1        333-215866        3.2        February 2, 2017  
4.2    Amendment No. 1 to the Amended and Restated Certificate of Incorporation of Snap Inc.      8-K        001-38017        3.1        July 21, 2022  
4.3    Certificate of Correction to the Amendment No. 1 to the Amended and Restated Certificate of Incorporation of Snap Inc.      8-K/A        001-38017        3.1        August 8, 2022  
4.4    Amendment No. 2 to the Amended and Restated Certificate of Incorporation of Snap Inc.      8-K        001-38017        3.1        August 26, 2022  
4.5    Amended and Restated Bylaws of Snap Inc.      10-K        001-38017        3.2        February 5, 2021  
4.6    Form of Class A Common Stock Certificate.      S-1        333-215866        4.1        February 2, 2017  
5.1*    Opinion of Cooley LLP.            
23.1*    Consent of Cooley LLP (included in Exhibit 5.1).            
23.2*    Consent of Ernst & Young LLP, independent registered public accounting firm.            
24.1*    Power of Attorney (included on the signature page of this Form S-8).            
99.1    Snap Inc. 2017 Equity Incentive Plan.      S-8        333-216495        99.7        March 7, 2017  
99.2    Forms of global stock option grant notice, stock option agreement, and notice of exercise under the Snap Inc. 2017 Equity Incentive Plan.      10-K        001-38017        10.8        February 4, 2022  
99.3    Forms of global restricted stock unit grant notice and award agreement under the Snap Inc. 2017 Equity Incentive Plan.      10-Q        001-38017        10.2        April 28, 2023  
99.4    Forms of restricted stock award grant notice and award agreement under the Snap Inc. 2017 Equity Incentive Plan.      10-Q        001-38017        10.4        October 26, 2018  
107*    Filing Fee Table            

* Filed herewith

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Santa Monica, State of California, on April 28, 2023.

 

SNAP INC.

By:  

/s/ Evan Spiegel

  Evan Spiegel
  Chief Executive Officer

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Evan Spiegel, Michael O’Sullivan, and Atul Porwal, and each of them, as his or her true and lawful attorneys-in-fact and agents, each with the full power of substitution, for him or her, and in their name, place, or stead, in any and all capacities, to sign any and all amendments to this Registration Statement (including post-effective amendments), and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them, or his, her, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

 

Signature

   

Title

   

Date

/s/ Evan Spiegel

    Chief Executive Officer and Director    April 28, 2023
Evan Spiegel    (Principal Executive Officer)   

/s/ Robert Murphy

    Director and Chief Technology Officer    April 28, 2023
Robert Murphy      

/s/ Derek Andersen

    Chief Financial Officer    April 28, 2023
Derek Andersen    (Principal Financial Officer)   

/s/ Rebecca Morrow

    Chief Accounting Officer    April 28, 2023
Rebecca Morrow    (Principal Accounting Officer)   

/s/ Kelly Coffey

    Director    April 28, 2023
Kelly Coffey      

/s/ Joanna Coles

    Director    April 28, 2023
Joanna Coles      

/s/ Liz Jenkins

    Director    April 28, 2023
Liz Jenkins      

/s/ Michael Lynton

    Director    April 28, 2023
Michael Lynton      

/s/ Stanley Meresman

    Director    April 28, 2023
Stanley Meresman      

/s/ Scott D. Miller

    Director    April 28, 2023
Scott D. Miller      

/s/ Poppy Thorpe

    Director    April 28, 2023
Poppy Thorpe      

/s/ Fidel Vargas

    Director    April 28, 2023
Fidel Vargas