Frank Slootman - 08 Dec 2022 Form 4 Insider Report for Snowflake Inc. (SNOW)

Signature
/s/ Travis Shrout, Attorney-in-Fact
Issuer symbol
SNOW
Transactions as of
08 Dec 2022
Net transactions value
-$395,383
Form type
4
Filing time
12 Dec 2022, 18:46:48 UTC
Previous filing
12 Sep 2022
Next filing
13 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Tax liability $208,447 -1,459 -1.1% $142.87 134,322 08 Dec 2022 Direct F1, F2
transaction SNOW Class A Common Stock Sale $186,935 -1,311 -0.98% $142.59 133,011 09 Dec 2022 Direct F2, F3
holding SNOW Class A Common Stock 83,014 08 Dec 2022 Foundation F4
holding SNOW Class A Common Stock 767,292 08 Dec 2022 Trust F5, F6
holding SNOW Class A Common Stock 16,300 08 Dec 2022 Trust F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F2 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F3 The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
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 Reflects a gift of 16,300 shares from the Slootman Living Trust dated 9/8/1999 to the Slootman Grandchildren's Trust dated 7/28/2022 on September 23, 2022.
F6 The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
F7 The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.