Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SNOW | Class A Common Stock | Gift | $0 | -29.4K | -0.58% | $0.00 | 5.04M | Jun 21, 2023 | Trust | F1 |
transaction | SNOW | Class A Common Stock | Gift | $0 | -1.98K | -0.04% | $0.00 | 5.04M | Jun 23, 2023 | Trust | F1, F2 |
holding | SNOW | Class A Common Stock | 42K | Jun 21, 2023 | Direct | F3 |
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 shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee. |
F2 | The gift reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 30, 2022. |
F3 | Includes shares to be issued in connection with the vesting of one or more restricted stock units. |