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Snowflake Inc. — Director's Dealing 2024
Jan 24, 2024
29911_dirs_2024-01-24_e4937e36-a619-4a7b-9f42-42bd42110774.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: 2024-01-22
Reporting Person: Degnan Christopher William (Chief Revenue Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-22 | Class A Common Stock | M | 5635 | $3.74 | Acquired | 107642 | Direct |
| 2024-01-22 | Class A Common Stock | S | 4335 | $200.156 | Disposed | 103307 | Direct |
| 2024-01-22 | Class A Common Stock | S | 1300 | $201.301 | Disposed | 102007 | Direct |
| 2024-01-23 | Class A Common Stock | M | 2346 | $3.74 | Acquired | 104353 | Direct |
| 2024-01-23 | Class A Common Stock | S | 293 | $200.064 | Disposed | 104060 | Direct |
| 2024-01-23 | Class A Common Stock | S | 446 | $202.13 | Disposed | 103614 | Direct |
| 2024-01-23 | Class A Common Stock | S | 572 | $203.333 | Disposed | 103042 | Direct |
| 2024-01-23 | Class A Common Stock | S | 637 | $204.326 | Disposed | 102405 | Direct |
| 2024-01-23 | Class A Common Stock | S | 398 | $205.177 | Disposed | 102007 | Direct |
| 2024-01-24 | Class A Common Stock | G | 3835 | — | Disposed | 538061 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-22 | Stock Option (Right to Buy) | $3.74 | M | 5635 | Disposed | 2028-09-18 | Class A Common Stock (5635) | Direct |
| 2024-01-23 | Stock Option (Right to Buy) | $3.74 | M | 2346 | Disposed | 2028-09-18 | Class A Common Stock (2346) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 120000 | Indirect |
Footnotes
F1: The gift, exercises and sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 13, 2022.
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 $200.000 to $200.830 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 $201.050 to $201.700 inclusive.
F5: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $200.000 to $200.530 inclusive.
F6: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $201.660 to $202.640 inclusive.
F7: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $202.790 to $203.770 inclusive.
F8: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $203.840 to $204.810 inclusive.
F9: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $204.895 to $205.590 inclusive.
F10: The shares are held by The Degnan Family Trust for which the Reporting Person is a trustee.
F11: The shares are held by The Degnan Gift Trust for which the Reporting Person's immediate family members are beneficiaries.
F12: The shares subject to the option are immediately exercisable and vest in 24 equal monthly installments beginning on November 1, 2021, subject to the Reporting Person's continuous service through each such vesting date.