Michael Scarpelli - 22 Jun 2021 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Financial Officer
Signature
/s/ Travis Shrout, Attorney-in-Fact
Issuer symbol
SNOW
Transactions as of
22 Jun 2021
Net transactions value
-$421,357
Form type
4
Filing time
24 Jun 2021, 20:08:17 UTC
Previous filing
23 Jun 2021
Next filing
25 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Options Exercise $15,487 +1,744 +1.4% $8.88* 126,639 22 Jun 2021 Direct
transaction SNOW Class A Common Stock Sale $336,160 -1,344 -1.1% $250.12 125,295 22 Jun 2021 Direct F1, F2
transaction SNOW Class A Common Stock Sale $100,684 -400 -0.32% $251.71 124,895 22 Jun 2021 Direct F1, F3
holding SNOW Class A Common Stock 160,558 22 Jun 2021 Trust F4
holding SNOW Class A Common Stock 595,607 22 Jun 2021 Trust F5
holding SNOW Class A Common Stock 9,686 22 Jun 2021 Trust F6
holding SNOW Class A Common Stock 2,755 22 Jun 2021 Trust F7
holding SNOW Class A Common Stock 9,686 22 Jun 2021 Trust F8
holding SNOW Class A Common Stock 2,755 22 Jun 2021 Trust F9
holding SNOW Class A Common Stock 9,686 22 Jun 2021 Trust F10
holding SNOW Class A Common Stock 2,755 22 Jun 2021 Trust F11

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNOW Stock Option (Right to Buy) Options Exercise $0 -1,744 -0.05% $0.000000 3,560,599 22 Jun 2021 Class A Common Stock 1,744 $8.88 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $250.00 to $250.85, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the 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 these footnotes.
F3 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $251.565 to $251.855, inclusive.
F4 The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F5 The shares are held by the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust for which the Reporting Person is a beneficiary.
F6 The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 1 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F7 The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 1 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F8 The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 2 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F9 The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 2 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F10 The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 3 dated 12/29/2020 for which the Reporting Persons' child is the beneficiary.
F11 The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 3 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F12 The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments beginning on August 19, 2019, subject to the Reporting Person's continuous service through each such vesting date.