Sc Us (Ttgp), Ltd. - May 27, 2021 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
10%+ Owner
Signature
/s/ Jung Yeon Son, by power of attorney for Douglas Leone, a Director of SC US (TTGP), Ltd.
Stock symbol
SNOW
Transactions as of
May 27, 2021
Transactions value $
$0
Form type
4
Date filed
6/1/2021, 07:31 PM
Next filing
Nov 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Other -1.89M -29.98% 4.4M May 27, 2021 Sequoia Capital U.S. Growth Fund VII, L.P. F1, F2, F3, F4
transaction SNOW Class A Common Stock Other -2M -19.57% 8.21M May 27, 2021 Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. F1, F2, F3, F4
transaction SNOW Class A Common Stock Other -946K -29.98% 2.21M May 27, 2021 Sequoia Capital Growth Fund III, L.P. F1, F2, F3, F4
transaction SNOW Class A Common Stock Other -163K -29.98% 381K May 27, 2021 Sequoia Capital U.S. Growth Fund VI, L.P. F1, F2, F3, F4
transaction SNOW Class A Common Stock Other +1.01M 1.01M May 27, 2021 By Sequoia Grove II, LLC F1, F5
holding SNOW Class A Common Stock 409K May 27, 2021 Sequoia Capital U.S. Growth VII Principals Fund, L.P. F2, F3, F4
holding SNOW Class A Common Stock 5.94K May 27, 2021 Sequoia Capital U.S. Growth VI Principals Fund, L.P. F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Sc Us (Ttgp), Ltd. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents a distribution of Class A Common Stock of the Issuer to partners or members.
F2 SC US (TTGP), Ltd. is (i) the general partner of SCGGF III - Endurance Partners Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund III - Endurance Partners' L.P. (GGF III);(ii) the general partner of SC U.S. Growth VI Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VI,L.P. and Sequoia Capital U.S. Growth VI Principals Fund, L.P. (collectively the GFVI Funds); and (iii) the general partner of SC U.S. Growth VII Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VII, L.P. and Sequoia Capital U.S. Growth VII Principals Fund, L.P. (collectively, the GFVII Funds).
F3 (Continued from Footnote 2) As a result, SC US (TTGP), Ltd. may be deemed to share voting and dispositive power with respect to the shares held by GGF III, the GFVI Funds, and the GFVII Funds. SCGF III Management, LLC is a general partner of Sequoia Capital Growth Fund III, L.P., and, as a result, SCGF III Management, LLC may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital Growth Fund III, L.P. The directors and stockholders of SC US (TTGP), Ltd. who exercise voting and investment discretion with respect to GGF III are Douglas Leone and Roelof Botha. By virtue of the relationships described in this paragraph, Douglas Leone and Roelof Botha may be deemed to share voting and dispositive power with respect to the shares held by GGF III. Each of Douglas Leone, Roelof Botha, SC US (TTGP), Ltd.,
F4 (Continued from Footnote 3) SCGGF III - Endurance Partners Management, L.P., SC U.S. Growth VI Management, L.P. and SC U.S. Growth VII Management, L.P. disclaims beneficial ownership of the shares held by GGF III, the GFVI Funds and GFVII Funds, as applicable, except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. SCGF III Management, LLC disclaims beneficial ownership of the shares held by Sequoia Capital Growth Fund III, L.P., except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F5 Sequoia Grove Manager, LLC is the manager of Sequoia Grove II, LLC. As a result, Sequoia Grove Manager, LLC may be deemed to share beneficial ownership with respect to the shares held by Sequoia Grove II, LLC. Each of Sequoia Grove Manager, LLC and Sequoia Grove II, LLC disclaims beneficial ownership of the shares held by Sequoia Grove II, LLC except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

Remarks:

Filing 1 of 2. Due to the limitations of the electronic filing system SCGGF III - Endurance Partners Management, L.P., Sequoia Capital Global Growth Fund III - Endurance Partners, L.P., SCGF III Management, LLC, Sequoia Capital Growth Fund III, L.P., Sequoia Grove Manager, LLC, and Sequoia Grove II, LLC are filing a separate Form 4.