Teresa Briggs - Jul 6, 2023 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Director
Signature
/s/ Philip Reuther, Attorney-in-Fact
Stock symbol
SNOW
Transactions as of
Jul 6, 2023
Transactions value $
-$188,807
Form type
4
Date filed
7/10/2023, 05:19 PM
Previous filing
Jul 6, 2023
Next filing
Aug 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Sale -$189K -1.11K -28.35% $170.25 2.8K Jul 6, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 28, 2023.
F2 Includes shares to be issued in connection with the vesting of one or more restricted stock units.