Filing Details

Accession Number:
0001640147-23-000249
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-11-27 16:50:56
Reporting Period:
2023-11-22
Accepted Time:
2023-11-27 16:50:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1640147 Snowflake Inc. SNOW () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1402348 Frank Slootman C/O Snowflake Inc.
106 East Babcock Street, Suite 3A
Bozeman MT 59715
Ceo And Chairman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2023-11-22 8,326 $8.88 191,239 No 4 M Direct
Class A Common Stock Disposition 2023-11-22 1,950 $168.89 189,289 No 4 S Direct
Class A Common Stock Disposition 2023-11-22 4,198 $169.56 185,091 No 4 S Direct
Class A Common Stock Disposition 2023-11-22 2,178 $170.72 182,913 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (Right to Buy) Disposition 2023-11-22 8,326 $0.00 8,326 $8.88
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,782,864 2029-05-28 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 16,300 Indirect Trust
Class A Common Stock 335,146 Indirect Trust
Class A Common Stock 432,146 Indirect Trust
Class A Common Stock 83,014 Indirect Foundation
Footnotes
  1. 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 22, 2023.
  2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
  3. The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $168.190 to $169.170, 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 footnote.
  4. The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $169.190 to $170.070, inclusive.
  5. The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $170.270 to $171.010, inclusive.
  6. The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.
  7. The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
  8. The shares are held by the Slootman 2023 Grantor Retained Annuity Trust dated 9/25/23 for which the Reporting Person is a trustee.
  9. The shares are held by the Slootman Family Foundation dated 11/24/2010, a charitable foundation over which the Reporting Person is deemed to have voting and investment power. However, the Reporting Person has no personal pecuniary interest in these shares.
  10. The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments beginning on April 26, 2019, subject to the Reporting Person's continuous service through each such vesting date.