Christopher William Degnan - 02 Jan 2025 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
02 Jan 2025
Net transactions value
-$1,837,598
Form type
4
Filing time
03 Jan 2025, 16:11:22 UTC
Previous filing
23 Dec 2024
Next filing
04 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 Gift $0 -3,835 -1.2% $0.000000 311,999 02 Jan 2025 Direct F1, F2
transaction SNOW Class A Common Stock Options Exercise $172,301 +12,782 +4.1% $13.48 324,781 02 Jan 2025 Direct F1, F2
transaction SNOW Class A Common Stock Sale $296,014 -1,900 -0.59% $155.80 322,881 02 Jan 2025 Direct F1, F2, F3
transaction SNOW Class A Common Stock Sale $679,826 -4,340 -1.3% $156.64 318,541 02 Jan 2025 Direct F1, F2, F4
transaction SNOW Class A Common Stock Sale $630,559 -4,002 -1.3% $157.56 314,539 02 Jan 2025 Direct F1, F2, F5
transaction SNOW Class A Common Stock Sale $291,537 -1,840 -0.58% $158.44 312,699 02 Jan 2025 Direct F1, F2, F6
transaction SNOW Class A Common Stock Sale $111,962 -700 -0.22% $159.95 311,999 02 Jan 2025 Direct F1, F2, F7
holding SNOW Class A Common Stock 139,563 02 Jan 2025 Trust F8
holding SNOW Class A Common Stock 120,000 02 Jan 2025 Trust F9
holding SNOW Class A Common Stock 50,000 02 Jan 2025 Trust F10
holding SNOW Class A Common Stock 50,000 02 Jan 2025 Trust F11
holding SNOW Class A Common Stock 100,589 02 Jan 2025 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
transaction SNOW Stock Option (Right to Buy) Options Exercise $0 -12,782 -5.4% $0.000000 223,872 02 Jan 2025 Class A Common Stock 12,782 $13.48 Direct F1, F13
* 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 exercise, 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 $155.080 to $156.050, 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 $156.130 to $157.090, inclusive.
F5 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $157.130 to $158.120, inclusive.
F6 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $158.130 to $158.820, inclusive.
F7 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $159.600 to $160.160, inclusive.
F8 The shares are held by The Degnan Family Trust for which the Reporting Person is a trustee.
F9 The shares are held by Degnan Gift Trust for which the Reporting Person's immediate family members are beneficiaries.
F10 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.
F11 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.
F12 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.
F13 The stock option is fully vested.