Frank Slootman - Dec 15, 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
Dec 15, 2021
Transactions value $
-$335,250,000
Form type
4
Date filed
12/16/2021, 04:02 PM
Previous filing
Nov 24, 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 Gift $0 -6.31K -35.88% $0.00 11.3K Nov 30, 2021 Direct F1
transaction SNOW Class A Common Stock Gift $0 -11.3K -100% $0.00* 0 Dec 2, 2021 Direct F1
transaction SNOW Class A Common Stock Options Exercise $8.88M +1M $8.88* 1M Dec 15, 2021 Direct
transaction SNOW Class A Common Stock Sale -$344M -1M -100% $344.13 0 Dec 15, 2021 Direct F2
holding SNOW Class A Common Stock 1.27M Dec 15, 2021 Trust F3
holding SNOW Class A Common Stock 83K Dec 15, 2021 Foundation F4

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 -1M -7.74% $0.00 11.9M Dec 15, 2021 Class A Common Stock 1M $8.88 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The gifts reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
F2 The sale reported in this Form 4 was effected for financial and tax planning purposes.
F3 The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
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 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.