Michael Scarpelli - Mar 5, 2024 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Financial Officer
Signature
/s/ Bryan Kelly, Attorney-in-Fact
Stock symbol
SNOW
Transactions as of
Mar 5, 2024
Transactions value $
$0
Form type
4
Date filed
3/7/2024, 09:12 PM
Previous filing
Feb 29, 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 Gift $0 -58.2K -29.72% $0.00 138K Mar 5, 2024 Trust F1, F2
transaction SNOW Class A Common Stock Gift $0 +34.4K $0.00 34.4K Mar 5, 2024 Spouse F1
transaction SNOW Class A Common Stock Gift $0 +7.93K +81.88% $0.00 17.6K Mar 5, 2024 Trust F1, F3
transaction SNOW Class A Common Stock Gift $0 +7.93K +81.88% $0.00 17.6K Mar 5, 2024 Trust F1, F4
transaction SNOW Class A Common Stock Gift $0 +7.93K +81.88% $0.00 17.6K Mar 5, 2024 Trust F1, F5
holding SNOW Class A Common Stock 187K Mar 5, 2024 Direct F6
holding SNOW Class A Common Stock 560K Mar 5, 2024 Trust F7
holding SNOW Class A Common Stock 2.76K Mar 5, 2024 Trust F8
holding SNOW Class A Common Stock 2.76K Mar 5, 2024 Trust F9
holding SNOW Class A Common Stock 2.76K Mar 5, 2024 Trust F10

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
holding SNOW Stock Option (Right to Buy) 2.02M Mar 5, 2024 Class A Common Stock 2.02M $8.88 Direct F11, F12
holding SNOW Stock Option (Right to Buy) 69.6K Mar 5, 2024 Class A Common Stock 69.6K $207.56 Direct F12, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects transfers on March 5, 2024 of (i) 34,364 Class A Common Shares to the Reporting Person's spouse; and (ii) 7,931 Class A Common Shares to each of the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 1, 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 2, and 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 3, each dated 12/29/20 and for each of which the Reporting Person's child is the beneficiary.
F2 The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F3 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.
F4 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.
F5 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.
F6 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F7 The shares are held by the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust for which the Reporting Person is a 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 Non-Exempt Trust f/b/o Child 2 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F10 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.
F11 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.
F12 The Reporting Person is not reporting any transactions relating to his stock options for the Issuer's Class A Common Stock and is voluntarily reporting his outstanding stock options as of the date of this report.
F13 The shares subject to the option vest in 48 equal monthly installments beginning on March 8, 2022, subject to the Reporting Person's continuous service through each such vesting date.