Frank Slootman - Mar 15, 2023 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 15, 2023
Transactions value $
$0
Form type
4
Date filed
3/17/2023, 06:42 PM
Previous filing
Mar 13, 2023
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Award $0 +58.2K +44.7% $0.00 188K Mar 15, 2023 Direct F1, F2
holding SNOW Class A Common Stock 83K Mar 15, 2023 Foundation F3
holding SNOW Class A Common Stock 16.3K Mar 15, 2023 Trust F4
holding SNOW Class A Common Stock 767K Mar 15, 2023 Trust F5
* 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 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.
F4 The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.
F5 The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.