Carl M. Eschenbach - Dec 12, 2022 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Director
Signature
/s/ Jung Yeon Son, Attorney-in-fact for Carl Eschenbach
Stock symbol
SNOW
Transactions as of
Dec 12, 2022
Transactions value $
$0
Form type
4
Date filed
12/14/2022, 03:33 PM
Previous filing
Dec 13, 2022
Next filing
Dec 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Other -821K -12.5% 5.75M Dec 12, 2022 Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. F1, F2, F3
transaction SNOW Class A Common Stock Other -440K -12.5% 3.08M Dec 12, 2022 Sequoia Capital U.S. Growth Fund VII, L.P. F1, F2, F3
transaction SNOW Class A Common Stock Other -40.9K -12.5% 287K Dec 12, 2022 Sequoia Capital U.S. Growth VII Principals Fund, L.P. F1, F2, F3
transaction SNOW Class A Common Stock Other -97.1K -12.5% 680K Dec 12, 2022 Sequoia Grove II, LLC F1, F4
transaction SNOW Class A Common Stock Other +968K +35.78% 3.67M Dec 12, 2022 Sequoia Capital Fund, LP F1, F2, F3
transaction SNOW Class A Common Stock Other +158K +37.83% 577K Dec 12, 2022 Sequoia Capital Fund Parallel, LLC F1, F2, F3
transaction SNOW Class A Common Stock Other +4.59K +1.37% 339K Dec 12, 2022 By estate planning vehicle F1
holding SNOW Class A Common Stock 3.44K Dec 12, 2022 Direct F5
holding SNOW Class A Common Stock 298K Dec 12, 2022 Sequoia Capital U.S. Growth Fund IX, L.P. F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro rata distribution of Common Stock of the Issuer to partners or members of the applicable distributing fund for no consideration and includes subsequent distributions by general partners or managing members to their respective partners or members and, in certain cases, the contribution by such partners or members to the applicable recipient fund.
F2 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. 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 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) (iv) the general partner of SC U.S. Growth IX Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund IX, L.P.; and (v) the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of each of Sequoia Capital Fund, LP and Sequoia Capital Fund Parallel, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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.
F4 The Reporting Person is a member of Sequoia Grove II, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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 Includes shares to be issued in connection with the vesting of one or more restricted stock units.