Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SNOW | Class A Common Stock | Sale | -$145K | -1K | -0.65% | $144.59 | 154K | Apr 6, 2023 | Direct | F1, F2 |
holding | SNOW | Class A Common Stock | 151K | Apr 6, 2023 | Trust | F3 | |||||
holding | SNOW | Class A Common Stock | 126K | Apr 6, 2023 | Trust | F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | The sale reported in this Form 4 was 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 are held by The John McMahon Software Irrevocable Trust for which the Reporting Person's immediate family members are the beneficiaries. |
F4 | The shares are held by the John McMahon 1995 Family Trust for which the Reporting Person is a trustee. |