Michael Scarpelli - Dec 15, 2021 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Financial Officer
Signature
/s/ Travis Shrout, Attorney-in-Fact
Stock symbol
SNOW
Transactions as of
Dec 15, 2021
Transactions value $
-$234,675,000
Form type
4
Date filed
12/16/2021, 04:02 PM
Previous filing
Dec 10, 2021
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Options Exercise $6.22M +700K +560.47% $8.88* 825K Dec 15, 2021 Direct
transaction SNOW Class A Common Stock Sale -$241M -700K -84.86% $344.13 125K Dec 15, 2021 Direct F1
holding SNOW Class A Common Stock 589K Dec 15, 2021 Trust F2
holding SNOW Class A Common Stock 167K Dec 15, 2021 Trust F3
holding SNOW Class A Common Stock 9.69K Dec 15, 2021 Trust F4
holding SNOW Class A Common Stock 2.76K Dec 15, 2021 Trust F5
holding SNOW Class A Common Stock 9.69K Dec 15, 2021 Trust F6
holding SNOW Class A Common Stock 2.76K Dec 15, 2021 Trust F7
holding SNOW Class A Common Stock 9.69K Dec 15, 2021 Trust F8
holding SNOW Class A Common Stock 2.76K Dec 15, 2021 Trust F9

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 -700K -22.44% $0.00 2.42M Dec 15, 2021 Class A Common Stock 700K $8.88 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected for financial and tax planning purposes.
F2 The shares are held by the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust for which the Reporting Person is a beneficiary.
F3 The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F4 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.
F5 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.
F6 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.
F7 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.
F8 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 Person's child is the beneficiary.
F9 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.
F10 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.