Grzegorz Czajkowski - 28 Jun 2024 Form 4/A Insider Report for Snowflake Inc. (SNOW)

Reporting relationship: EVP, Engineering and Support
Issuer ticker: SNOW
Reported as of: 28 Jun 2024
Net transaction value: -$32,366
SEC form: 4/A
Accepted by SEC: 02 Jul 2024, 18:57:07 UTC
Original report date: 27 Jun 2024
Prior SEC filing: 27 Jun 2024
Source filing: View source filing
Reporting owner signature: /s/ Marie Reider, Attorney-in-Fact

Key filing fact

Grzegorz Czajkowski filed Form 4/A for Snowflake Inc. (SNOW) on 02 Jul 2024.

Key facts

This page summarizes Grzegorz Czajkowski's Form 4/A filing for Snowflake Inc. (SNOW).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 02 Jul 2024, 18:57.

Change

Previous filing in this sequence was filed on 27 Jun 2024.
Current net transaction value: -$32,366.

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/A 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

Sale

Transaction value: $32,366
Shares: -240
Change %: -0.05%
Price: $134.86
Shares after: 494,702
Date: 28 Jun 2024
Ownership: Direct
Footnotes: F1, F2, F3

^* 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 3 footnotes

Footnote F1

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

Footnote F2

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 in the Form 4 filed by the Reporting Person on June 27, 2024 (the "Prior Form 4"). Due to administrative error by the broker, a second sale transaction was required on June 28, 2024 to satisfy the Reporting Person's tax withholding obligations, in accordance with the 10b5-1 trading plan adopted by the Reporting Person on March 27, 2024.

Footnote F3

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

SEC remarks

This Form 4/A is being filed to supplement the Prior Form 4 by reporting a second sale transaction that was required to satisfy the Reporting Person's tax withholding obligations arising from the option exercise reported in the Prior Form 4. The second sale transaction was executed on June 28, 2024 and was required due to administrative error by the broker, in accordance with the 10b5-1 trading plan adopted by the Reporting Person on March 27, 2024. The transactions reported in the Prior Form 4 and being reported herein were and are all being reported in a timely manner.