Christopher William Degnan - 01 Feb 2024 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Revenue Officer
Signature
/s/ Bryan Kelly, Attorney-in-Fact
Issuer symbol
SNOW
Transactions as of
01 Feb 2024
Net transactions value
-$2,512,515
Form type
4
Filing time
05 Feb 2024, 17:29:34 UTC
Previous filing
24 Jan 2024
Next filing
29 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Options Exercise $46,873 +12,533 +13% $3.74* 110,705 01 Feb 2024 Direct F1, F2, F3
transaction SNOW Class A Common Stock Sale $2,507,114 -12,533 -11% $200.04 98,172 01 Feb 2024 Direct F1, F2, F4
transaction SNOW Class A Common Stock Options Exercise $931 +249 +0.25% $3.74* 98,421 02 Feb 2024 Direct F1, F2
transaction SNOW Class A Common Stock Sale $1,023 -5 -0.01% $204.63 98,416 02 Feb 2024 Direct F1, F2, F5
transaction SNOW Class A Common Stock Sale $3,097 -15 -0.02% $206.49 98,401 02 Feb 2024 Direct F1, F2, F6
transaction SNOW Class A Common Stock Sale $2,281 -11 -0.01% $207.35 98,390 02 Feb 2024 Direct F1, F2, F7
transaction SNOW Class A Common Stock Sale $4,799 -23 -0.02% $208.66 98,367 02 Feb 2024 Direct F1, F2, F8
transaction SNOW Class A Common Stock Sale $4,402 -21 -0.02% $209.62 98,346 02 Feb 2024 Direct F1, F2, F9
transaction SNOW Class A Common Stock Sale $2,948 -14 -0.01% $210.54 98,332 02 Feb 2024 Direct F1, F2, F10
transaction SNOW Class A Common Stock Sale $1,482 -7 -0.01% $211.66 98,325 02 Feb 2024 Direct F1, F2, F11
transaction SNOW Class A Common Stock Sale $2,338 -11 -0.01% $212.52 98,314 02 Feb 2024 Direct F1, F2, F12
transaction SNOW Class A Common Stock Sale $5,351 -25 -0.03% $214.03 98,289 02 Feb 2024 Direct F1, F2, F13
transaction SNOW Class A Common Stock Sale $861 -4 -0% $215.23 98,285 02 Feb 2024 Direct F1, F2, F14
transaction SNOW Class A Common Stock Sale $3,894 -18 -0.02% $216.32 98,267 02 Feb 2024 Direct F1, F2, F15
transaction SNOW Class A Common Stock Sale $5,435 -25 -0.03% $217.42 98,242 02 Feb 2024 Direct F1, F2, F16
transaction SNOW Class A Common Stock Sale $13,981 -64 -0.07% $218.45 98,178 02 Feb 2024 Direct F1, F2, F17
transaction SNOW Class A Common Stock Sale $1,315 -6 -0.01% $219.13 98,172 02 Feb 2024 Direct F1, F2, F18
transaction SNOW Class A Common Stock Gift $0 -3,835 -3.9% $0.000000 94,337 05 Feb 2024 Direct F1, F2
holding SNOW Class A Common Stock 120,000 01 Feb 2024 Trust F19
holding SNOW Class A Common Stock 541,896 01 Feb 2024 Trust F3, F20

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 -12,533 -17% $0.000000 63,062 01 Feb 2024 Class A Common Stock 12,533 $3.74 Direct F21
transaction SNOW Stock Option (Right to Buy) Options Exercise $0 -249 -0.39% $0.000000 62,813 02 Feb 2024 Class A Common Stock 249 $3.74 Direct F21
* 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 gift, exercises and sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 13, 2022.
F2 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F3 On a prior Form 4 filed on January 24, 2025, 3,835 of shares were inadvertently reported as gifted by the Reporting Person indirectly through the Degnan Family Trust when they were in fact gifted directly by the Reporting Person. The amounts of shares held by the Reporting Person directly and indirectly through the Degnan Family Trust were adjusted accordingly in this Form 4.
F4 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $200.000 to $200.280, 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.
F5 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $204.280 to $204.860, inclusive.
F6 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $205.880 to $206.870, inclusive.
F7 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $206.950 to $207.810, inclusive.
F8 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $208.070 to $209.040, inclusive.
F9 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $209.080 to $210.030, inclusive.
F10 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $210.130 to $210.960, inclusive.
F11 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $211.200 to $211.830, inclusive.
F12 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $212.230 to $212.840, inclusive.
F13 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $213.590 to $214.570, inclusive.
F14 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $214.770 to $215.640, inclusive.
F15 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $215.780 to $216.590, inclusive.
F16 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $216.910 to $217.810, inclusive.
F17 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $217.910 to $218.890, inclusive.
F18 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $219.010 to $219.250, inclusive.
F19 The shares are held by The Degnan Gift Trust for which the Reporting Person's immediate family members are beneficiaries.
F20 The share are held by The Degnan Family Trust for which the Reporting Person is a trustee.
F21 The shares subject to the option are immediately exercisable and vest in 24 equal monthly installments beginning on November 1, 2021, subject to the Reporting Person's continuous service through each such vesting date.