Snowflake Inc. — Director's Dealing 2023

Dec 28, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snowflake Inc. (SNOW)
CIK: 0001640147
Period of Report: 2023-12-26

Reporting Person: Slootman Frank (Director, CEO and Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-26	Class A Common Stock	M	250000	$8.88	Acquired	430143	Direct
2023-12-26	Class A Common Stock	S	83863	$194.73	Disposed	346280	Direct
2023-12-26	Class A Common Stock	S	74570	$195.438	Disposed	271710	Direct
2023-12-26	Class A Common Stock	S	15321	$196.396	Disposed	256389	Direct
2023-12-26	Class A Common Stock	S	4616	$197.533	Disposed	251773	Direct
2023-12-26	Class A Common Stock	S	67930	$198.52	Disposed	183843	Direct
2023-12-26	Class A Common Stock	S	3700	$199.189	Disposed	180143	Direct
2023-12-27	Class A Common Stock	M	250000	$8.88	Acquired	430143	Direct
2023-12-27	Class A Common Stock	S	46852	$197.547	Disposed	383291	Direct
2023-12-27	Class A Common Stock	S	175678	$198.361	Disposed	207613	Direct
2023-12-27	Class A Common Stock	S	14724	$199.594	Disposed	192889	Direct
2023-12-27	Class A Common Stock	S	12746	$200.559	Disposed	180143	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-26	Stock Option (Right to Buy)	$8.88	M	250000	Disposed	2029-05-28	Class A Common Stock (250000)	Direct
2023-12-27	Stock Option (Right to Buy)	$8.88	M	250000	Disposed	2029-05-28	Class A Common Stock (250000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	16300	Indirect
Class A Common Stock	83014	Indirect
Class A Common Stock	335146	Indirect
Class A Common Stock	432146	Indirect

Footnotes

F1: The exercises and sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 25, 2023.

F2: Includes shares to be issued in connection with the vesting of one or more restricted stock units.

F3: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $194.010 to $195.010, 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 footnotes.

F4: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $195.015 to $196.010, inclusive.

F5: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $196.050 to $197.050, inclusive.

F6: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $197.060 to $198.050, inclusive.

F7: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $198.070 to $199.070, inclusive.

F8: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $199.080 to $199.290, inclusive.

F9: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $197.045 to $198.045, inclusive.

F10: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $198.050 to $199.050, inclusive.

F11: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $199.065 to $200.065, inclusive.

F12: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $200.130 to $200.910, inclusive.

F13: The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.

F14: The shares are held by the Slootman Family Foundation dated 11/24/2010 for which the Reporting Person is deemed to have voting and investment power over the shares held by the Slootman Family Foundation, but has no personal pecuniary interest in these shares.

F15: The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.

F16: The shares are held by the Slootman 2023 Grantor Retained Annuity Trust dated 9/25/23 for which the Reporting Person is a trustee.

F17: 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.