Michael Scarpelli - 13 Dec 2022 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Financial Officer
Signature
/s/ Travis Shrout, Attorney-in-Fact
Issuer symbol
SNOW
Transactions as of
13 Dec 2022
Net transactions value
-$28,575,310
Form type
4
Filing time
14 Dec 2022, 19:58:31 UTC
Previous filing
12 Dec 2022
Next filing
13 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Options Exercise $1,776,000 +200,000 +198% $8.88* 301,097 13 Dec 2022 Direct F1
transaction SNOW Class A Common Stock Sale $11,037,036 -73,170 -24% $150.84 227,927 13 Dec 2022 Direct F2, F3
transaction SNOW Class A Common Stock Sale $11,371,931 -74,907 -33% $151.81 153,020 13 Dec 2022 Direct F2, F4
transaction SNOW Class A Common Stock Sale $6,409,373 -41,986 -27% $152.66 111,034 13 Dec 2022 Direct F2, F5
transaction SNOW Class A Common Stock Sale $845,681 -5,496 -4.9% $153.87 105,538 13 Dec 2022 Direct F2, F6
transaction SNOW Class A Common Stock Sale $687,289 -4,441 -4.2% $154.76 101,097 13 Dec 2022 Direct F2, F7
holding SNOW Class A Common Stock 577,218 13 Dec 2022 Trust F8
holding SNOW Class A Common Stock 178,947 13 Dec 2022 Trust F9
holding SNOW Class A Common Stock 9,686 13 Dec 2022 Trust F10
holding SNOW Class A Common Stock 2,755 13 Dec 2022 Trust F11
holding SNOW Class A Common Stock 9,686 13 Dec 2022 Trust F12
holding SNOW Class A Common Stock 2,755 13 Dec 2022 Trust F13
holding SNOW Class A Common Stock 9,686 13 Dec 2022 Trust F14
holding SNOW Class A Common Stock 2,755 13 Dec 2022 Trust F15

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 +200,000 +9.9% $0.000000 2,219,299 13 Dec 2022 Class A Common Stock 200,000 $8.88 Direct F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F2 The sales reported in this Form 4 were effected for financial and tax planning purposes.
F3 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $150.300 to $151.295, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes.
F4 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $151.300 to $152.295, inclusive.
F5 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $152.300 to $153.090, inclusive.
F6 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $153.405 to $154.362, inclusive.
F7 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $154.510 to $154.890, inclusive.
F8 The shares are held by the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust for which the Reporting Person is a beneficiary.
F9 The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F10 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.
F11 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.
F12 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.
F13 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.
F14 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.
F15 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.
F16 The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments beginning on August 19, 2019, subject to Reporting Person's continuous service through each such vesting date.