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Snowflake Inc. — Director's Dealing 2023
Mar 17, 2023
29911_dirs_2023-03-17_174cac09-22d0-491e-94d3-465260b16e33.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: 2023-03-15
Reporting Person: Dageville Benoit (Director, President of Products)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-15 | Class A Common Stock | M | 58647 | $0.26 | Acquired | 71943 | Direct |
| 2023-03-15 | Class A Common Stock | S | 58647 | $136.28 | Disposed | 13296 | Direct |
| 2023-03-15 | Class A Common Stock | A | 29767 | — | Acquired | 43063 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-15 | Stock Option (Right to Buy) | $0.26 | M | 58647 | Disposed | 2025-01-13 | Class A Common Stock (58647.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 5155544 | Indirect |
Footnotes
F1: The exercise and sale reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
F2: Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F3: The shares represent restricted stock units, which will vest over four years with 25% vesting on March 15, 2024 and 6.25% vesting on each Quarterly Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Dates are each of March 15, June 15, September 15, and December 15.
F4: The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee.
F5: The shares subject to the option are fully vested and immediately exercisable.