Michael Scarpelli - 10 Mar 2025 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: 10 Mar 2025
Net transactions value: -$131,260
Form type: 4
Filing time: 12 Mar 2025, 20:40:57 UTC
Previous filing: 26 Feb 2025
Next filing: 19 Mar 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	$131,260	-826	-0.25%	$158.91	325,347	10 Mar 2025	Direct	F1, F2
holding	SNOW	Class A Common Stock						17,617	10 Mar 2025	Trust	F3
holding	SNOW	Class A Common Stock						17,617	10 Mar 2025	Trust	F4
holding	SNOW	Class A Common Stock						17,617	10 Mar 2025	Trust	F5
holding	SNOW	Class A Common Stock						2,755	10 Mar 2025	Trust	F6
holding	SNOW	Class A Common Stock						2,755	10 Mar 2025	Trust	F7
holding	SNOW	Class A Common Stock						2,755	10 Mar 2025	Trust	F8
holding	SNOW	Class A Common Stock						176,829	10 Mar 2025	Trust	F9
holding	SNOW	Class A Common Stock						176,829	10 Mar 2025	Trust	F10
holding	SNOW	Class A Common Stock						176,829	10 Mar 2025	Trust	F11
holding	SNOW	Class A Common Stock						34,364	10 Mar 2025	Spouse
holding	SNOW	Class A Common Stock						167,521	10 Mar 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
holding	SNOW	Stock Option (Right to Buy)						2,019,299	10 Mar 2025	Class A Common Stock	2,019,299	$8.88	Direct	F13, F14
holding	SNOW	Stock Option (Right to Buy)						69,569	10 Mar 2025	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.