Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SNOW | Class A Common Stock | Tax liability | -$69K | -425 | -0.49% | $162.40 | 86.9K | Mar 8, 2024 | Direct | F1, F2 |
transaction | SNOW | Class A Common Stock | Sale | -$110K | -683 | -0.79% | $161.42 | 86.2K | Mar 11, 2024 | Direct | F2, F3 |
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).
Id | Content |
---|---|
F1 | Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. |
F2 | Includes shares to be issued in connection with the vesting of one or more restricted stock units. |
F3 | The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 22, 2022. |