Snowflake Inc. — Director's Dealing 2025

Mar 27, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snowflake Inc. (SNOW)
CIK: 0001640147
Period of Report: 2025-03-25

Reporting Person: Scarpelli Michael (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-25	Class A Common Stock	M	300000	$8.88	Acquired	592610	Direct
2025-03-25	Class A Common Stock	S	143367	$162.705	Disposed	449243	Direct
2025-03-25	Class A Common Stock	S	119150	$163.438	Disposed	330093	Direct
2025-03-25	Class A Common Stock	S	37483	$164.444	Disposed	292610	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-25	Stock Option (Right to Buy)	$8.88	M	300000	Disposed	2029-08-26	Class A Common Stock (300000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	17617	Indirect
Class A Common Stock	17617	Indirect
Class A Common Stock	17617	Indirect
Class A Common Stock	2755	Indirect
Class A Common Stock	2755	Indirect
Class A Common Stock	2755	Indirect
Class A Common Stock	176829	Indirect
Class A Common Stock	176829	Indirect
Class A Common Stock	176829	Indirect
Class A Common Stock	34364	Indirect
Class A Common Stock	167521	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$207.56	2032-03-08	Class A Common Stock (69569)	69569	Direct

Footnotes

F1: Includes shares to be issued in connection with the vesting of one or more restricted stock units.

F2: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $162.000 to $162.935, 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.

F3: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $163.000 to $163.910, inclusive.

F4: The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $164.015 to $164.955, inclusive.

F5: The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 1 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.

F6: The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 2 dated 12/29/2020 for which the Reporting Persons' child is the beneficiary.

F7: The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 3 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.

F8: The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 1 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.

F9: The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 2 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.

F10: The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 3 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.

F11: Irrevocable Trust f/b/o Child 1 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.

F12: Irrevocable Trust f/b/o Child 2 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.

F13: Irrevocable Trust f/b/o Child 3 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.

F14: The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.

F15: The stock option is fully vested.

F16: The shares subject to the option vest in 48 equal monthly installments beginning on March 8, 2022, subject to the Reporting Person's continuous service through each such vesting date.

F17: The Reporting Person is not reporting any transactions relating to this stock option for the Issuer's Class A Common Stock and is voluntarily reporting his outstanding stock options as of the date of this report.