Grzegorz Czajkowski - 25 Jun 2024 Form 4 Insider Report for Snowflake Inc. (SNOW)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Jun 2024, 19:34:34 UTC
Prior SEC filing
24 Jun 2024
Next SEC filing
02 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Marie Reider, Attorney-in-Fact

Key filing fact

Grzegorz Czajkowski filed Form 4 for Snowflake Inc. (SNOW) on 27 Jun 2024.

Key facts

  • This page summarizes Grzegorz Czajkowski's Form 4 filing for Snowflake Inc. (SNOW).
  • 5 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 27 Jun 2024, 19:34.

Change

  • Previous filing in this sequence was filed on 24 Jun 2024.
  • Current net transaction value: -$50,117,274.

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

Options Exercise

Transaction value
$7,625,602
Shares
+858,739
Change %
+815%
Price
$8.88*
Shares after
964,062
Date
25 Jun 2024
Ownership
Direct
Footnotes
F1, F2
SNOW transaction

Class A Common Stock

Sale

Transaction value
$57,232,541
Shares
-465,033
Change %
-48%
Price
$123.07
Shares after
499,029
Date
25 Jun 2024
Ownership
Direct
Footnotes
F1, F2, F3, F4
SNOW transaction

Class A Common Stock

Sale

Transaction value
$72,460
Shares
-584
Change %
-0.12%
Price
$124.08
Shares after
498,445
Date
25 Jun 2024
Ownership
Direct
Footnotes
F1, F2, F3, F5
SNOW transaction

Class A Common Stock

Sale

Transaction value
$437,875
Shares
-3,503
Change %
-0.7%
Price
$125.00
Shares after
494,942
Date
25 Jun 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SNOW transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-858,739
Change %
-100%
Price
$0.000000*
Shares after
0
Date
25 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
858,739
Exercise price
$8.88
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote F1

The exercise and sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 27, 2024.

Footnote F2

Includes shares to be issued in connection with the vesting of one or more restricted stock units.

Footnote F3

Shares sold solely to cover the exercise price of, and to satisfy the Reporting Person's tax withholding obligations related to, the exercise of stock options listed in Table II.

Footnote F4

The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $123.00 to $123.995, 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 range set forth in these footnote.

Footnote F5

The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $124.020 to $124.090, inclusive.

Footnote F6

The shares subject to the option are fully vested and immediately exercisable.

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