Frank Slootman - Oct 20, 2021 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
CEO and Chairman, Director
Signature
/s/ Travis Shrout, Attorney-in-Fact
Stock symbol
SNOW
Transactions as of
Oct 20, 2021
Transactions value $
-$20,604,659
Form type
4
Date filed
10/22/2021, 06:38 PM
Previous filing
Sep 22, 2021
Next filing
Oct 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Gift $0 -6.31K -17.28% $0.00 30.2K Sep 29, 2021 Direct F1
transaction SNOW Class A Common Stock Options Exercise $560K +63.1K +208.92% $8.88* 93.3K Oct 20, 2021 Direct
transaction SNOW Class A Common Stock Sale -$2.44M -7.31K -7.83% $333.57 86K Oct 20, 2021 Direct F1, F2
transaction SNOW Class A Common Stock Sale -$7.74M -23.2K -26.92% $334.52 62.8K Oct 20, 2021 Direct F1, F3
transaction SNOW Class A Common Stock Sale -$5.47M -16.3K -25.94% $335.45 46.5K Oct 20, 2021 Direct F1, F4
transaction SNOW Class A Common Stock Sale -$1.84M -5.48K -11.77% $336.47 41.1K Oct 20, 2021 Direct F1, F5
transaction SNOW Class A Common Stock Sale -$1.97M -5.85K -14.25% $337.59 35.2K Oct 20, 2021 Direct F1, F6
transaction SNOW Class A Common Stock Sale -$883K -2.61K -7.41% $338.66 32.6K Oct 20, 2021 Direct F1, F7
transaction SNOW Class A Common Stock Sale -$815K -2.4K -7.36% $339.24 30.2K Oct 20, 2021 Direct F1, F8
holding SNOW Class A Common Stock 1.27M Oct 20, 2021 Trust F9, F10
holding SNOW Class A Common Stock 83K Oct 20, 2021 Foundation F9, 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 -63.1K -0.48% $0.00 13.2M Oct 20, 2021 Class A Common Stock 63.1K $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 gift and 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 $332.95 to $333.95, 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 $333.96 to $334.96, inclusive.
F4 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $334.97 to $335.97, inclusive.
F5 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $335.98 to $336.98, inclusive.
F6 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $336.99 to $337.97, inclusive.
F7 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $338.01 to $339.01, inclusive.
F8 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $339.02 to $339.48, inclusive.
F9 Reflects a gift of 56,000 shares from the Slootman Living Trust to the Slootman Family Foundation on September 28, 2021.
F10 The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
F11 The shares are held by the Slootman Family Foundation dated 11/24/2010, a charitable foundation over which the Reporting Person is deemed to have voting and investment power. However, the Reporting Person has no personal pecuniary interest in these shares.
F12 The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments beginning on April 26, 2019, subject to the Reporting Person's continuous service through each such vesting date.