Michael Scarpelli - 25 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
25 Mar 2025
Net transactions value
-$46,300,020
Form type
4
Filing time
27 Mar 2025, 16:30:09 UTC
Previous filing
24 Mar 2025
Next filing
28 May 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 Options Exercise $2,664,000 +300,000 +103% $8.88 592,610 25 Mar 2025 Direct F1
transaction SNOW Class A Common Stock Sale $23,326,528 -143,367 -24% $162.70 449,243 25 Mar 2025 Direct F1, F2
transaction SNOW Class A Common Stock Sale $19,473,638 -119,150 -27% $163.44 330,093 25 Mar 2025 Direct F1, F3
transaction SNOW Class A Common Stock Sale $6,163,854 -37,483 -11% $164.44 292,610 25 Mar 2025 Direct F1, F4
holding SNOW Class A Common Stock 17,617 25 Mar 2025 Trust F5
holding SNOW Class A Common Stock 17,617 25 Mar 2025 Trust F6
holding SNOW Class A Common Stock 17,617 25 Mar 2025 Trust F7
holding SNOW Class A Common Stock 2,755 25 Mar 2025 Trust F8
holding SNOW Class A Common Stock 2,755 25 Mar 2025 Trust F9
holding SNOW Class A Common Stock 2,755 25 Mar 2025 Trust F10
holding SNOW Class A Common Stock 176,829 25 Mar 2025 Trust F11
holding SNOW Class A Common Stock 176,829 25 Mar 2025 Trust F12
holding SNOW Class A Common Stock 176,829 25 Mar 2025 Trust F13
holding SNOW Class A Common Stock 34,364 25 Mar 2025 Spouse
holding SNOW Class A Common Stock 167,521 25 Mar 2025 Trust F14

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 -300,000 -15% $0.000000 1,719,299 25 Mar 2025 Class A Common Stock 300,000 $8.88 Direct F15
holding SNOW Stock Option (Right to Buy) 69,569 25 Mar 2025 Class A Common Stock 69,569 $207.56 Direct F16, F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F2 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $162.000 to $162.935, 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.
F3 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $163.000 to $163.910, inclusive.
F4 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $164.015 to $164.955, inclusive.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.
F10 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.
F11 Irrevocable Trust f/b/o Child 1 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.
F12 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 3 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.
F14 The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F15 The stock option is fully vested.
F16 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.
F17 The Reporting Person is not reporting any transactions relating to this stock option for the Issuer's Class A Common Stock and is voluntarily reporting his outstanding stock options as of the date of this report.