Michael Scarpelli - 15 Mar 2023 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
15 Mar 2023
Net transactions value
$0
Form type
4
Filing time
17 Mar 2023, 18:41:49 UTC
Previous filing
13 Mar 2023
Next filing
12 Jun 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 Award $0 +42,997 +43% $0.000000 143,305 15 Mar 2023 Direct F1, F2
holding SNOW Class A Common Stock 577,218 15 Mar 2023 Trust F3
holding SNOW Class A Common Stock 178,947 15 Mar 2023 Trust F4
holding SNOW Class A Common Stock 9,686 15 Mar 2023 Trust F5
holding SNOW Class A Common Stock 2,755 15 Mar 2023 Trust F6
holding SNOW Class A Common Stock 9,686 15 Mar 2023 Trust F7
holding SNOW Class A Common Stock 2,755 15 Mar 2023 Trust F8
holding SNOW Class A Common Stock 9,686 15 Mar 2023 Trust F9
holding SNOW Class A Common Stock 2,755 15 Mar 2023 Trust F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
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.