Christopher William Degnan - Feb 27, 2024 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Revenue Officer
Signature
/s/ Bryan Kelly, Attorney-in-Fact
Stock symbol
SNOW
Transactions as of
Feb 27, 2024
Transactions value $
$0
Form type
4
Date filed
2/29/2024, 06:33 PM
Previous filing
Feb 5, 2024
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Award $0 +42.7K +45.28% $0.00 137K Feb 27, 2024 Direct F1, F2
holding SNOW Class A Common Stock 120K Feb 27, 2024 Trust F3
holding SNOW Class A Common Stock 542K Feb 27, 2024 Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents previously granted restricted stock units acquired following determination of the Issuer's achievement of pre-established financial performance goals for fiscal year 2024. The restricted stock units will vest over four years, with 25% vesting on March 15, 2024 and 6.25% vesting on each "Quarterly Date" thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Dates are each of March 15, June 15, September 15, and December 15.
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 Degnan Gift Trust for which the Reporting Person's immediate family members are beneficiaries.
F4 The share are held by The Degnan Family Trust for which the Reporting Person is a trustee.