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Snowflake Inc. — Director's Dealing 2021
Dec 16, 2021
29911_dirs_2021-12-16_8c1e7d63-7d33-4321-8162-fa2c0245c117.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Snowflake Inc. (SNOW)
CIK: 0001640147
Period of Report: 2021-12-15
Reporting Person: Slootman Frank (Director, CEO and Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-30 | Class A Common Stock | G | 6309 | — | Disposed | 11273 | Direct |
| 2021-12-02 | Class A Common Stock | G | 11273 | — | Disposed | 0 | Direct |
| 2021-12-15 | Class A Common Stock | M | 1000000 | $8.88 | Acquired | 1000000 | Direct |
| 2021-12-15 | Class A Common Stock | S | 1000000 | $344.13 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-15 | Stock Option (Right to Buy) | $8.88 | M | 1000000 | Disposed | 2029-05-28 | Class A Common Stock (1000000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 1266092 | Indirect |
| Class A Common Stock | 83014 | Indirect |
Footnotes
F1: The gifts reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
F2: The sale reported in this Form 4 was effected for financial and tax planning purposes.
F3: The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
F4: 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.
F5: 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.