Frank Slootman - Mar 9, 2022 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
Mar 9, 2022
Transactions value $
$27,769,037
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 -386K -30.45% $0.00 881K Dec 23, 2021 Trust F1, F2
transaction SNOW Class A Common Stock Award $0 +44.3K $0.00 44.3K Mar 9, 2022 Direct F3
holding SNOW Class A Common Stock 83K Mar 9, 2022 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) Award $27.8M +134K $207.56 134K Mar 9, 2022 Class A Common Stock 134K $207.56 Direct F5
* 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 are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
F3 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.
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 vest in 48 equal monthly installments beginning on March 8, 2022, subject to the Reporting Person's continuous service through each such vesting date.