Michael Scarpelli - Sep 16, 2024 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Financial Officer
Signature
/s/ Marie Reider, Attorney-in-Fact
Stock symbol
SNOW
Transactions as of
Sep 16, 2024
Transactions value $
-$341,010
Form type
4
Date filed
9/18/2024, 08:00 PM
Previous filing
Sep 11, 2024
Next filing
Dec 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Tax liability -$177K -1.56K -0.78% $113.67 198K Sep 16, 2024 Direct F1, F2, F3
transaction SNOW Class A Common Stock Tax liability -$164K -1.45K -0.73% $113.67 197K Sep 16, 2024 Direct F1, F2
holding SNOW Class A Common Stock 17.6K Sep 16, 2024 Trust F4
holding SNOW Class A Common Stock 17.6K Sep 16, 2024 Trust F5
holding SNOW Class A Common Stock 17.6K Sep 16, 2024 Trust F6
holding SNOW Class A Common Stock 2.76K Sep 16, 2024 Trust F7
holding SNOW Class A Common Stock 2.76K Sep 16, 2024 Trust F8
holding SNOW Class A Common Stock 2.76K Sep 16, 2024 Trust F9
holding SNOW Class A Common Stock 34.4K Sep 16, 2024 Spouse
holding SNOW Class A Common Stock 138K Sep 16, 2024 Trust F10
holding SNOW Class A Common Stock 530K Sep 16, 2024 Trust F3, F11

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 Sep 16, 2024 Class A Common Stock 2.02M $8.88 Direct F12, F13
holding SNOW Stock Option (Right to Buy) 69.6K Sep 16, 2024 Class A Common Stock 69.6K $207.56 Direct F13, F14
* 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 Reflects the distribution of 30,006 shares from the Michael P. Scarpelli Retained Annuity Trust to the Reporting Person as an annuity payment on September 12, 2024.
F4 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.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.
F10 The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F11 The shares are held by the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust for which the Reporting Person is a beneficiary.
F12 The stock option is fully vested.
F13 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.
F14 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.