Snowflake Inc. — Director's Dealing 2023

Oct 12, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snowflake Inc. (SNOW)
CIK: 0001640147
Period of Report: 2023-10-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-11	Class A Common Stock	M	8334	$8.88	Acquired	191247	Direct
2023-10-11	Class A Common Stock	S	4162	$163.232	Disposed	187085	Direct
2023-10-11	Class A Common Stock	S	3072	$163.837	Disposed	184013	Direct
2023-10-11	Class A Common Stock	S	1000	$164.856	Disposed	183013	Direct
2023-10-11	Class A Common Stock	S	100	$165.60	Disposed	182913	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-11	Stock Option (Right to Buy)	$8.88	M	8334	Disposed	2029-05-28	Class A Common Stock (8334)	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 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.

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 $162.530 to $163.490, 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 $163.530 to $164.500, inclusive.

F5: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $164.560 to $165.130, inclusive.

F6: The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.

F7: 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.

F8: The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.

F9: The shares are held by the Slootman 2023 Grantor Retained Annuity Trust dated 9/25/23 for which the Reporting Person is a trustee.

F10: 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.