Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SNOW | Class A Common Stock | Sale | -$3.6M | -30K | -3.99% | $120.00 | 722K | Oct 10, 2024 | Direct | F1, F2 |
holding | SNOW | Class A Common Stock | 100K | Oct 10, 2024 | 2023 GRAT | F3 | |||||
holding | SNOW | Class A Common Stock | 33.5K | Oct 10, 2024 | 2022 GRAT | F4 | |||||
holding | SNOW | Class A Common Stock | 58.6K | Oct 10, 2024 | LLC | F5 |
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 | The sale reported in this Form 4 was effected pursuant to 10b5-1 trading plans adopted by the Reporting Person on December 22, 2023. |
F2 | Includes shares to be issued in connection with the vesting of one or more restricted stock units. |
F3 | Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023 for which the Reporting Person is the trustee. |
F4 | Shares are held by the Christian Kleinerman 2022 Grantor Retained Annuity Trust dated June 24, 2022 for which the Reporting Person is the trustee. |
F5 | Shares are held by the Kleinerman 2020 Dynasty LLC for which the Reporting Person is the manager and the Reporting Person's immediate family members are the beneficiaries. |