Michael Scarpelli - Mar 15, 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 15, 2024
Transactions value $
-$1,883,012
Form type
4
Date filed
3/19/2024, 07:48 PM
Previous filing
Mar 12, 2024
Next filing
Jun 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Tax liability -$907K -5.78K -3.1% $156.97 181K Mar 15, 2024 Direct F1, F2
transaction SNOW Class A Common Stock Tax liability -$976K -6.22K -3.44% $156.97 175K Mar 18, 2024 Direct F1, F2
holding SNOW Class A Common Stock 17.6K Mar 15, 2024 Trust F3
holding SNOW Class A Common Stock 17.6K Mar 15, 2024 Trust F4
holding SNOW Class A Common Stock 17.6K Mar 15, 2024 Trust F5
holding SNOW Class A Common Stock 2.76K Mar 15, 2024 Trust F6
holding SNOW Class A Common Stock 2.76K Mar 15, 2024 Trust F7
holding SNOW Class A Common Stock 2.76K Mar 15, 2024 Trust F8
holding SNOW Class A Common Stock 34.4K Mar 15, 2024 Spouse
holding SNOW Class A Common Stock 138K Mar 15, 2024 Trust F9
holding SNOW Class A Common Stock 560K Mar 15, 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 15, 2024 Class A Common Stock 2.02M $8.88 Direct F11, F12
holding SNOW Stock Option (Right to Buy) 69.6K Mar 15, 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 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 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 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.
F7 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.
F8 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.
F9 The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F10 The shares are held by the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust for which the Reporting Person is a 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.