Michael Scarpelli - Dec 9, 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
Dec 9, 2024
Transactions value $
-$142,137
Form type
4
Date filed
12/10/2024, 07:30 PM
Previous filing
Sep 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Tax liability -$142K -774 -0.46% $183.64 166K Dec 9, 2024 Direct F1, F2, F3
holding SNOW Class A Common Stock 17.6K Dec 9, 2024 Trust F4
holding SNOW Class A Common Stock 17.6K Dec 9, 2024 Trust F5
holding SNOW Class A Common Stock 17.6K Dec 9, 2024 Trust F6
holding SNOW Class A Common Stock 2.76K Dec 9, 2024 Trust F7
holding SNOW Class A Common Stock 2.76K Dec 9, 2024 Trust F8
holding SNOW Class A Common Stock 2.76K Dec 9, 2024 Trust F9
holding SNOW Class A Common Stock 177K Dec 9, 2024 Trust F10, F11
holding SNOW Class A Common Stock 177K Dec 9, 2024 Trust F12, F13
holding SNOW Class A Common Stock 177K Dec 9, 2024 Trust F14, F15
holding SNOW Class A Common Stock 34.4K Dec 9, 2024 Spouse
holding SNOW Class A Common Stock 0 Dec 9, 2024 Trust F10, F12, F14, F16
holding SNOW Class A Common Stock 168K Dec 9, 2024 Trust F3, F17

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 Dec 9, 2024 Class A Common Stock 2.02M $8.88 Direct F18, F19
holding SNOW Stock Option (Right to Buy) 69.6K Dec 9, 2024 Class A Common Stock 69.6K $207.56 Direct F19, F20
* 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 On September 26, 2024, 30,006 shares were transferred from the Reporting Person to the Scarpelli Family Trust dated 8/14/2009.
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 On September 26, 2024, 176,829 shares were transferred from the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust to the Irrevocable Trust f/b/o Child 1 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019
F11 Irrevocable Trust f/b/o Child 1 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019
F12 On September 26, 2024, 176,829 shares were transferred from the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust to the Irrevocable Trust f/b/o Child 2 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019
F13 Irrevocable Trust f/b/o Child 2 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019
F14 On September 26, 2024, 176,829 shares were transferred from the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust to the Irrevocable Trust f/b/o Child 3 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019
F15 Irrevocable Trust f/b/o Child 3 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019
F16 The shares were previously held by the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust for which the Reporting Person is a beneficiary.
F17 The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F18 The stock option is fully vested.
F19 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.
F20 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.