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Snowflake Inc. — Director's Dealing 2021
Dec 16, 2021
29911_dirs_2021-12-16_b62e2590-a412-42d9-89f7-5b22d3adc112.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: Scarpelli Michael (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-15 | Class A Common Stock | M | 700000 | $8.88 | Acquired | 824895 | Direct |
| 2021-12-15 | Class A Common Stock | S | 700000 | $344.13 | Disposed | 124895 | 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 | 700000 | Disposed | 2029-08-26 | Class A Common Stock (700000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 589499 | Indirect |
| Class A Common Stock | 166666 | Indirect |
| Class A Common Stock | 9686 | Indirect |
| Class A Common Stock | 2755 | Indirect |
| Class A Common Stock | 9686 | Indirect |
| Class A Common Stock | 2755 | Indirect |
| Class A Common Stock | 9686 | Indirect |
| Class A Common Stock | 2755 | Indirect |
Footnotes
F1: The sale reported in this Form 4 was effected for financial and tax planning purposes.
F2: The shares are held by the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust for which the Reporting Person is a beneficiary.
F3: The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F4: The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 1 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F5: The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 1 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F6: The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 2 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F7: The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 2 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F8: The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 3 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F9: The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 3 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F10: The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments beginning on August 19, 2019, subject to the Reporting Person's continuous service through each such vesting date.