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

Role
Chief Financial Officer
Signature
/s/ Marie Reider, Attorney-in-Fact
Issuer symbol
SNOW
Transactions as of
16 Dec 2024
Net transactions value
-$503,010
Form type
4
Filing time
18 Dec 2024, 19:25:05 UTC
Previous filing
10 Dec 2024
Next filing
26 Feb 2025
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 Tax liability $260,727 -1,555 -0.94% $167.67 164,634 16 Dec 2024 Direct F1, F2
transaction SNOW Class A Common Stock Tax liability $242,283 -1,445 -0.88% $167.67 163,189 16 Dec 2024 Direct F1, F2
holding SNOW Class A Common Stock 17,617 16 Dec 2024 Trust F3
holding SNOW Class A Common Stock 17,617 16 Dec 2024 Trust F4
holding SNOW Class A Common Stock 17,617 16 Dec 2024 Trust F5
holding SNOW Class A Common Stock 2,755 16 Dec 2024 Trust F6
holding SNOW Class A Common Stock 2,755 16 Dec 2024 Trust F7
holding SNOW Class A Common Stock 2,755 16 Dec 2024 Trust F8
holding SNOW Class A Common Stock 176,829 16 Dec 2024 Trust F9
holding SNOW Class A Common Stock 176,829 16 Dec 2024 Trust F10
holding SNOW Class A Common Stock 176,829 16 Dec 2024 Trust F11
holding SNOW Class A Common Stock 34,364 16 Dec 2024 Spouse
holding SNOW Class A Common Stock 167,521 16 Dec 2024 Trust F12

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) 2,019,299 16 Dec 2024 Class A Common Stock 2,019,299 $8.88 Direct F13, F14
holding SNOW Stock Option (Right to Buy) 69,569 16 Dec 2024 Class A Common Stock 69,569 $207.56 Direct F14, F15
* 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 Irrevocable Trust f/b/o Child 1 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019
F10 Irrevocable Trust f/b/o Child 2 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019
F11 Irrevocable Trust f/b/o Child 3 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019
F12 The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F13 The stock option is fully vested.
F14 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.
F15 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.