Christopher William Degnan - 21 Nov 2024 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Revenue Officer
Signature
/s/ Marie Reider, Attorney-in-Fact
Issuer symbol
SNOW
Transactions as of
21 Nov 2024
Net transactions value
-$12,199,520
Form type
4
Filing time
25 Nov 2024, 19:07:04 UTC
Previous filing
24 Sep 2024
Next filing
04 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Options Exercise $121,647 +32,526 +9.4% $3.74 379,267 21 Nov 2024 Direct F1, F2
transaction SNOW Class A Common Stock Options Exercise $595,358 +44,166 +12% $13.48 423,433 21 Nov 2024 Direct F1, F2
transaction SNOW Class A Common Stock Sale $1,160,596 -7,146 -1.7% $162.41 416,287 21 Nov 2024 Direct F1, F2, F3
transaction SNOW Class A Common Stock Sale $852,386 -5,225 -1.3% $163.14 411,062 21 Nov 2024 Direct F1, F2, F4
transaction SNOW Class A Common Stock Sale $720,863 -4,398 -1.1% $163.91 406,664 21 Nov 2024 Direct F1, F2, F5
transaction SNOW Class A Common Stock Sale $587,787 -3,566 -0.88% $164.83 403,098 21 Nov 2024 Direct F1, F2, F6
transaction SNOW Class A Common Stock Sale $291,642 -1,755 -0.44% $166.18 401,343 21 Nov 2024 Direct F1, F2, F7
transaction SNOW Class A Common Stock Sale $607,412 -3,637 -0.91% $167.01 397,706 21 Nov 2024 Direct F1, F2, F8
transaction SNOW Class A Common Stock Sale $1,443,777 -8,584 -2.2% $168.19 389,122 21 Nov 2024 Direct F1, F2, F9
transaction SNOW Class A Common Stock Sale $1,523,359 -9,009 -2.3% $169.09 380,113 21 Nov 2024 Direct F1, F2, F10
transaction SNOW Class A Common Stock Sale $832,856 -4,894 -1.3% $170.18 375,219 21 Nov 2024 Direct F1, F2, F11
transaction SNOW Class A Common Stock Sale $2,478,157 -14,483 -3.9% $171.11 360,736 21 Nov 2024 Direct F1, F2, F12
transaction SNOW Class A Common Stock Sale $1,148,771 -6,677 -1.9% $172.05 354,059 21 Nov 2024 Direct F1, F2, F13
transaction SNOW Class A Common Stock Sale $885,605 -5,116 -1.4% $173.10 348,943 21 Nov 2024 Direct F1, F2, F14
transaction SNOW Class A Common Stock Sale $383,313 -2,202 -0.63% $174.08 346,741 21 Nov 2024 Direct F1, F2, F15
transaction SNOW Class A Common Stock Gift $0 -23,010 -6.6% $0.000000 323,731 22 Nov 2024 Direct F1, F2
holding SNOW Class A Common Stock 139,563 21 Nov 2024 Trust F16
holding SNOW Class A Common Stock 120,000 21 Nov 2024 Trust F17
holding SNOW Class A Common Stock 50,000 21 Nov 2024 Trust F18
holding SNOW Class A Common Stock 50,000 21 Nov 2024 Trust F19
holding SNOW Class A Common Stock 100,589 21 Nov 2024 Trust F20

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
transaction SNOW Stock Option (Right to Buy) Options Exercise $0 -32,526 -65% $0.000000 17,505 21 Nov 2024 Class A Common Stock 32,526 $3.74 Direct F21
transaction SNOW Stock Option (Right to Buy) Options Exercise $0 -44,166 -15% $0.000000 249,436 21 Nov 2024 Class A Common Stock 44,166 $13.48 Direct F21
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The exercises, sales, and gift reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2023.
F2 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F3 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $161.88 to $162.71, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes.
F4 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $162.985 to $163.335, inclusive.
F5 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $163.51 to $164.49, inclusive.
F6 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $164.505 to $165.47, inclusive.
F7 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $165.60 to $166.56, inclusive.
F8 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $166.61 to $167.60, inclusive.
F9 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $167.61 to $168.60, inclusive.
F10 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $168.62 to $169.60, inclusive.
F11 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $169.62 to $170.61, inclusive.
F12 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $170.62 to $171.61, inclusive.
F13 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $171.62 to $172.54, inclusive.
F14 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $172.68 to $173.66, inclusive.
F15 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $173.72 to $174.54, inclusive.
F16 The share are held by The Degnan Family Trust for which the Reporting Person is a trustee.
F17 The shares are held by Degnan Gift Trust for which the Reporting Person's immediate family members are beneficiaries.
F18 The shares are held by Fairbanks GRAT No. I for which the Reporting Person and the Reporting Person's spouse are the beneficiaries and the Reporting Person is a trustee and investment advisor.
F19 The shares are held by Sherborne GRAT No. I for which the Reporting Person and the Reporting Person's spouse are the beneficiaries and the Reporting Person's spouse is a trustee and investment advisor.
F20 The shares are held by The Sudbury Trust for which the Reporting Person's children are the beneficiaries and the Reporting Person is an investment advisor.
F21 The stock option is fully vested.