Frank Slootman - 28 Oct 2021 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role: CEO and Chairman, Director
Signature: /s/ Travis Shrout, Attorney-in-Fact
Issuer symbol: SNOW
Transactions as of: 28 Oct 2021
Net transactions value: -$3,794,806
Form type: 4
Filing time: 01 Nov 2021, 21:42:21 UTC
Previous filing: 29 Oct 2021
Next filing: 02 Nov 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	$98,532	+11,096	+37%	$8.88^*	41,296	28 Oct 2021	Direct
transaction	SNOW	Class A Common Stock	Sale	$2,747,335	-7,835	-19%	$350.65	33,461	28 Oct 2021	Direct	F1, F2
transaction	SNOW	Class A Common Stock	Sale	$1,146,003	-3,261	-9.7%	$351.43	30,200	28 Oct 2021	Direct	F1, F3
holding	SNOW	Class A Common Stock						83,014	28 Oct 2021	Foundation	F4
holding	SNOW	Class A Common Stock						1,266,092	28 Oct 2021	Trust	F5

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	-11,096	-0.08%	$0.000000	13,119,962	28 Oct 2021	Class A Common Stock	11,096	$8.88	Direct	F6

* 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 $350.00 to $351.00, 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 $351.02 to $352.02, inclusive.
F4	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.
F5	The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
F6	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.