Michael Scarpelli - Mar 9, 2022 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
Mar 9, 2022
Transactions value $
$14,439,742
Form type
4
Date filed
3/11/2022, 07:03 PM
Previous filing
Dec 16, 2021
Next filing
Jun 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Gift $0 -45K -36.03% $0.00 79.9K Dec 27, 2021 Direct F1
transaction SNOW Class A Common Stock Award $0 +23K +28.85% $0.00 103K Mar 9, 2022 Direct F2
holding SNOW Class A Common Stock 589K Mar 9, 2022 Trust F3
holding SNOW Class A Common Stock 167K Mar 9, 2022 Trust F4
holding SNOW Class A Common Stock 9.69K Mar 9, 2022 Trust F5
holding SNOW Class A Common Stock 2.76K Mar 9, 2022 Trust F6
holding SNOW Class A Common Stock 9.69K Mar 9, 2022 Trust F7
holding SNOW Class A Common Stock 2.76K Mar 9, 2022 Trust F8
holding SNOW Class A Common Stock 9.69K Mar 9, 2022 Trust F9
holding SNOW Class A Common Stock 2.76K Mar 9, 2022 Trust F10

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) Award $14.4M +69.6K $207.56 69.6K Mar 9, 2022 Class A Common Stock 69.6K $207.56 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that the Reporting Person donated as a gift to a charitable entity.
F2 The shares represent restricted stock units, which will vest quarterly over four years with 6.25% vesting on June 8, 2022 and on each Quarterly Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Dates are each of March 8, June 8, September 8, and December 8.
F3 The shares are held by the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust for which the Reporting Person is a beneficiary.
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 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.
F6 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.
F7 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.
F8 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.
F9 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.
F10 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.
F11 The shares subject to the option vest in 48 equal monthly installments beginning on March 8, 2022, subject to the Reporting Person's continuous service through each such vesting date.