Reddit Inc.

11/18/2024 | Press release | Distributed by Public on 11/18/2024 20:10

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Tencent Holdings Ltd
2. Issuer Name and Ticker or Trading Symbol
Reddit, Inc. [RDDT] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
LEVEL 29, THREE PACIFIC PLACE, 1 QUEEN'S ROAD EAST 		3. Date of Earliest Transaction (Month/Day/Year)
11/14/2024
(Street)
WANCHAI, K3 		4. If Amendment, Date Original Filed (Month/Day/Year)
 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Class A Common Stock 50,425 I See Footnote(3)
Class A Common Stock 11/14/2024 S 36,667 D $130.40(4) 9,201,927 I See Footnote(1)
Class A Common Stock 11/14/2024 S 49,778 D $131.51(5) 9,152,149 I See Footnote(1)
Class A Common Stock 11/14/2024 S 112,394 D $132.34(6) 9,039,755 I See Footnote(1)
Class A Common Stock 11/14/2024 S 65,786 D $133.36(7) 8,973,969 I See Footnote(1)
Class A Common Stock 11/14/2024 S 665 D $133.92(8) 8,973,304 I See Footnote(1)
Class A Common Stock 11/15/2024 S 36,158 D $125.45(9) 8,937,146 I See Footnote(1)
Class A Common Stock 11/15/2024 S 72,668 D $126.46(10) 8,864,478 I See Footnote(1)
Class A Common Stock 11/15/2024 S 61,158 D $127.46(11) 8,803,320 I See Footnote(1)
Class A Common Stock 11/15/2024 S 23,545 D $128.44(12) 8,779,775 I See Footnote(1)
Class A Common Stock 11/15/2024 S 22,527 D $129.40(13) 8,757,248 I See Footnote(1)
Class A Common Stock 11/15/2024 S 18,744 D $130.37(14) 8,738,504 I See Footnote(1)
Class A Common Stock 11/15/2024 S 6,509 D $131.09(15) 8,731,995 I See Footnote(1)
Class A Common Stock 11/18/2024 S 56,707 D $125.97(16) 8,675,288 I See Footnote(1)
Class A Common Stock 11/18/2024 S 54,280 D $126.90(17) 8,621,008 I See Footnote(1)
Class A Common Stock 11/18/2024 S 79,835 D $127.96(18) 8,541,173 I See Footnote(1)
Class A Common Stock 11/18/2024 S 153,971 D $128.95(19) 8,387,202 I See Footnote(1)
Class A Common Stock 11/18/2024 S 31,191 D $129.52(20) 8,356,011 I See Footnote(1)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year) 		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 (2) (2) (2) Class A Common Stock 437,987 437,987 I See Footnote(3)
Class B Common Stock (2) (2) (2) Class A Common Stock 4,222,385 4,222,385 I See Footnote(1)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Tencent Holdings Ltd
LEVEL 29, THREE PACIFIC PLACE
1 QUEEN'S ROAD EAST
WANCHAI, K3 		X
Tencent Cloud Europe B.V.
LEVEL 29, THREE PACIFIC PLACE
1 QUEEN'S ROAD EAST
WANCHAI, K3 		X

Signatures

TENCENT HOLDINGS LIMITED By: /s/ Ma Huateng, Director 11/18/2024
**Signature of Reporting Person Date
TENCENT CLOUD EUROPE B.V. By: /s/ Constant Pieter van der Merwe, Director 11/18/2024
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Held of record by Tencent Cloud Europe B.V., a wholly-owned subsidiary of Aceville Pte Ltd, which is a wholly-owned subsidiary of TCH Delta Limited, which is a wholly-owned subsidiary of Tencent Holdings Limited ("Tencent").
(2) Class B Common Stock is convertible at any time, at the holder's election, or automatically in accordance with the governing documents of the Issuer, into Class A Common Stock, par value of $0.0001 per share, on a one-for-one basis and has no expiration date.
(3) Held of record by Jojoba Investment Limited, a wholly-owned subsidiary of Tencent.
(4) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $129.86 to $130.85, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (20) to this Form 4.
(5) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $130.86 to $131.84, inclusive.
(6) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $131.86 to $132.84, inclusive.
(7) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $132.86 to $133.82, inclusive.
(8) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $133.87 to $133.94, inclusive.
(9) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $125.00 to $125.95, inclusive.
(10) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $125.96 to $126.94, inclusive.
(11) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $126.96 to $127.95, inclusive.
(12) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $127.96 to $128.93, inclusive.
(13) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $128.96 to $129.79, inclusive.
(14) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $129.98 to $130.95, inclusive.
(15) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $130.98 to $131.32, inclusive.
(16) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $125.40 to $126.39, inclusive.
(17) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $126.40 to $127.39, inclusive.
(18) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $127.40 to $128.39, inclusive.
(19) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $128.40 to $129.39, inclusive.
(20) The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $129.40 to $130.10, inclusive.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.