Benoit Dageville - Mar 15, 2023 Form 4 Insider Report for Snowflake Inc. (SNOW)

Signature
/s/ Travis Shrout, Attorney-in-Fact
Stock symbol
SNOW
Transactions as of
Mar 15, 2023
Transactions value $
-$7,977,165
Form type
4
Date filed
3/17/2023, 06:41 PM
Previous filing
Mar 13, 2023
Next filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Options Exercise $15.2K +58.6K +441.09% $0.26* 71.9K Mar 15, 2023 Direct F1, F2
transaction SNOW Class A Common Stock Sale -$7.99M -58.6K -81.52% $136.28 13.3K Mar 15, 2023 Direct F1, F2
transaction SNOW Class A Common Stock Award $0 +29.8K +223.88% $0.00 43.1K Mar 15, 2023 Direct F2, F3
holding SNOW Class A Common Stock 5.16M Mar 15, 2023 Trust 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 -58.6K -24.19% $0.00 184K Mar 15, 2023 Class A Common Stock 58.6K $0.26 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise and sale reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
F2 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F3 The shares represent restricted stock units, which will vest over four years with 25% vesting on March 15, 2024 and 6.25% vesting on each Quarterly Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Dates are each of March 15, June 15, September 15, and December 15.
F4 The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee.
F5 The shares subject to the option are fully vested and immediately exercisable.