Snowflake Inc. — Director's Dealing 2021

Mar 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snowflake Inc. (SNOW)
CIK: 0001640147
Period of Report: 2021-03-01

Reporting Person: Ullal Jayshree (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-01	Stock Option (Right to Buy)	$33.83	J	50000	Disposed	2030-06-16	Class B Common Stock (50000.0)	Direct
2021-03-01	Stock Option (Right to Buy)	$33.83	J	50000	Acquired	2030-06-16	Class A Common Stock (50000.0)	Direct

Footnotes

F1: Effective as of 5:00 p.m. Eastern Time on March 1, 2021, the date specified by the holders of a majority of the then-outstanding shares of the Issuer's Class B Common Stock, each share of the Issuer's Class B Common Stock automatically converted into one share of Class A Common Stock pursuant to the Issuer's amended and restated certificate of incorporation.

F2: In connection with the automatic conversion described in footnote 1, the outstanding options to purchase shares of Class B Common Stock that were issued under the Issuer's Amended and Restated 2012 Equity Incentive Plan remain unchanged, except that the underlying shares now represent Class A Common Stock.

F3: The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments beginning on June 2, 2020, subject to Reporting Person's continuous service through each such vesting date.