Sec Form 3 Filing - Advance Magazine Publishers Inc. @ Reddit, Inc. - 2024-03-20

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Advance Magazine Publishers Inc.
2. Issuer Name and Ticker or Trading Symbol
Reddit, Inc. [ RDDT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
ONE WORLD TRADE CENTER
3. Date of Earliest Transaction (MM/DD/YY)
03/20/2024
(Street)
NEW YORK, NY10007
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B common stock, par value $0.0001 per share $ 0 ( 1 ) ( 1 ) Class A common stock 34,102,500 D
Series A preferred stock $ 0 ( 2 ) ( 2 ) Class B common stock 7,500,000 D
Series E preferred stock $ 0 ( 2 ) ( 2 ) Class B common stock 588,592 D
Series F-1 preferred stock $ 0 ( 2 ) ( 2 ) Class A common stock 16,182 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Advance Magazine Publishers Inc.
ONE WORLD TRADE CENTER
NEW YORK, NY10007
X X
ADVANCE PUBLICATIONS, INC
ONE WORLD TRADE CENTER
NEW YORK, NY10007
X X
Signatures
/s/ Oren Klein, Chief Financial Officer 03/20/2024
Signature of Reporting Person Date
/s/ Oren Klein, Chief Financial Officer 03/20/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Class B common stock is convertible into an equal number of shares of Class A common stock at any time, at the holder's election. Each share of Class B common stock will convert automatically into one share of Class A common stock upon any transfer, whether or not for value, except for certain permitted transfers set forth in the amended and restated certificate of incorporation of Reddit, Inc. (the "Company"), or upon the first date the aggregate number of then-outstanding shares of Class B common stock ceases to represent at least 7.5% of the aggregate number of then-outstanding shares of the Company's Class A and Class B common stock.
( 2 )Each share of preferred stock, other than any share of Series F-1 preferred stock, is convertible on a one-for-one basis into Class B common stock at any time at the holder's election. Each share of Series F-1 preferred stock is convertible on a one-for-one basis into Class A common stock at any time at the holder's election. The preferred stock will convert automatically upon the closing of the Company's initial public offering.

Remarks:
Advance Publications, Inc., a New York corporation, may be deemed to beneficially own the securities of the Company held by Advance Magazine Publishers Inc., a New York corporation ("AMPI"), due to its control of AMPI.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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