SC US (TTGP), LTD. - 27 May 2021 Form 4 Insider Report for Snowflake Inc. (SNOW)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Jun 2021, 19:31:44 UTC
Next SEC filing
23 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jung Yeon Son, by power of attorney for Douglas Leone, a Director of SC US (TTGP), Ltd.

Key filing fact

SC US (TTGP), LTD. filed Form 4 for Snowflake Inc. (SNOW) on 01 Jun 2021.

Key facts

  • This page summarizes SC US (TTGP), LTD.'s Form 4 filing for Snowflake Inc. (SNOW).
  • 5 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 01 Jun 2021, 19:31.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SNOW transaction

Class A Common Stock

Other

Transaction value
Shares
-1,886,482
Change %
-30%
Price
Shares after
4,404,978
Date
27 May 2021
Ownership
Sequoia Capital U.S. Growth Fund VII, L.P.
Footnotes
F1, F2, F3, F4
SNOW transaction

Class A Common Stock

Other

Transaction value
Shares
-1,998,728
Change %
-20%
Price
Shares after
8,214,320
Date
27 May 2021
Ownership
Sequoia Capital Global Growth Fund III - Endurance Partners, L.P.
Footnotes
F1, F2, F3, F4
SNOW transaction

Class A Common Stock

Other

Transaction value
Shares
-945,811
Change %
-30%
Price
Shares after
2,209,005
Date
27 May 2021
Ownership
Sequoia Capital Growth Fund III, L.P.
Footnotes
F1, F2, F3, F4
SNOW transaction

Class A Common Stock

Other

Transaction value
Shares
-163,255
Change %
-30%
Price
Shares after
381,209
Date
27 May 2021
Ownership
Sequoia Capital U.S. Growth Fund VI, L.P.
Footnotes
F1, F2, F3, F4
SNOW transaction

Class A Common Stock

Other

Transaction value
Shares
+1,012,117
Change %
Price
Shares after
1,012,117
Date
27 May 2021
Ownership
By Sequoia Grove II, LLC
Footnotes
F1, F5
SNOW holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
409,424
Date
27 May 2021
Ownership
Sequoia Capital U.S. Growth VII Principals Fund, L.P.
Footnotes
F2, F3, F4
SNOW holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,944
Date
27 May 2021
Ownership
Sequoia Capital U.S. Growth VI Principals Fund, L.P.
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

SC US (TTGP), LTD. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

Represents a distribution of Class A Common Stock of the Issuer to partners or members.

Footnote F2

SC US (TTGP), Ltd. is (i) the general partner of SCGGF III - Endurance Partners Management, L.P., which is the general partner of Sequoia Capital Global Growth Fund III - Endurance Partners' L.P. (GGF III);(ii) the general partner of SC U.S. Growth VI Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VI,L.P. and Sequoia Capital U.S. Growth VI Principals Fund, L.P. (collectively the GFVI Funds); and (iii) the general partner of SC U.S. Growth VII Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VII, L.P. and Sequoia Capital U.S. Growth VII Principals Fund, L.P. (collectively, the GFVII Funds).

Footnote F3

(Continued from Footnote 2) As a result, SC US (TTGP), Ltd. may be deemed to share voting and dispositive power with respect to the shares held by GGF III, the GFVI Funds, and the GFVII Funds. SCGF III Management, LLC is a general partner of Sequoia Capital Growth Fund III, L.P., and, as a result, SCGF III Management, LLC may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital Growth Fund III, L.P. The directors and stockholders of SC US (TTGP), Ltd. who exercise voting and investment discretion with respect to GGF III are Douglas Leone and Roelof Botha. By virtue of the relationships described in this paragraph, Douglas Leone and Roelof Botha may be deemed to share voting and dispositive power with respect to the shares held by GGF III. Each of Douglas Leone, Roelof Botha, SC US (TTGP), Ltd.,

Footnote F4

(Continued from Footnote 3) SCGGF III - Endurance Partners Management, L.P., SC U.S. Growth VI Management, L.P. and SC U.S. Growth VII Management, L.P. disclaims beneficial ownership of the shares held by GGF III, the GFVI Funds and GFVII Funds, as applicable, except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. SCGF III Management, LLC disclaims beneficial ownership of the shares held by Sequoia Capital Growth Fund III, L.P., except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Footnote F5

Sequoia Grove Manager, LLC is the manager of Sequoia Grove II, LLC. As a result, Sequoia Grove Manager, LLC may be deemed to share beneficial ownership with respect to the shares held by Sequoia Grove II, LLC. Each of Sequoia Grove Manager, LLC and Sequoia Grove II, LLC disclaims beneficial ownership of the shares held by Sequoia Grove II, LLC except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

SEC remarks

Filing 2 of 2. Due to the limitations of the electronic filing system SC U.S. Growth VII Management, L.P., Sequoia Capital U.S. Growth Fund VII, L.P., Sequoia Capital U.S. Growth VII Principals Fund, L.P., Roelof Botha, Douglas M Leone, SC U.S. Growth VI Management, L.P., Sequoia Capital U.S. Growth Fund VI, L.P., Sequoia Capital U.S. Growth VI Principals Fund, L.P. are filing a separate Form 4.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .