Frank Slootman - Feb 27, 2024 Form 4 Insider Report for Snowflake Inc. (SNOW)

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, 06:38 PM
Previous filing
Feb 12, 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 +94K +52.16% $0.00 274K Feb 27, 2024 Direct F1, F2
holding SNOW Class A Common Stock 16.3K Feb 27, 2024 Trust F3
holding SNOW Class A Common Stock 83K Feb 27, 2024 Foundation F4
holding SNOW Class A Common Stock 335K Feb 27, 2024 Trust F5
holding SNOW Class A Common Stock 432K Feb 27, 2024 Trust F6
* 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 Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.
F4 The shares are held by the Slootman Family Foundation dated 11/24/2010 for which the Reporting Person is deemed to have voting and investment power over the shares held by the Slootman Family Foundation, but has no personal pecuniary interest in these shares.
F5 The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
F6 The shares are held by the Slootman 2023 Grantor Retained Annuity Trust dated 9/25/23 for which the Reporting Person is a trustee.