Michael Scarpelli - Jun 29, 2023 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Financial Officer
Signature
/s/ Erika Payne, Attorney-in-Fact
Stock symbol
SNOW
Transactions as of
Jun 29, 2023
Transactions value $
-$34,323,574
Form type
4
Date filed
7/3/2023, 04:41 PM
Previous filing
Jun 12, 2023
Next filing
Sep 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Options Exercise $1.78M +200K +140.31% $8.88* 343K Jun 29, 2023 Direct
transaction SNOW Class A Common Stock Sale -$28.7M -159K -46.42% $180.24 184K Jun 29, 2023 Direct F1, F2
transaction SNOW Class A Common Stock Sale -$7.44M -41K -22.33% $181.48 143K Jun 29, 2023 Direct F1, F3, F4
holding SNOW Class A Common Stock 577K Jun 29, 2023 Trust F5
holding SNOW Class A Common Stock 179K Jun 29, 2023 Trust F6
holding SNOW Class A Common Stock 9.69K Jun 29, 2023 Trust F7
holding SNOW Class A Common Stock 2.76K Jun 29, 2023 Trust F8
holding SNOW Class A Common Stock 9.69K Jun 29, 2023 Trust F9
holding SNOW Class A Common Stock 2.76K Jun 29, 2023 Trust F10
holding SNOW Class A Common Stock 9.69K Jun 29, 2023 Trust F11
holding SNOW Class A Common Stock 2.76K Jun 29, 2023 Trust F12

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 -200K -9.01% $0.00 2.02M Jun 29, 2023 Class A Common Stock 200K $8.88 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected for financial and tax planning purposes.
F2 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $180.00 to $180.98, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes.
F3 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $181.008 to $181.99, inclusive.
F4 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F5 The shares are held by the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust for which the Reporting Person is a beneficiary.
F6 The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F7 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.
F8 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.
F9 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 Persons' child is the beneficiary.
F10 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.
F11 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 Person's child is the beneficiary.
F12 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.
F13 The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments beginning on August 19, 2019, subject to Reporting Person's continuous service through each such vesting date.