Filing Details
- Accession Number:
- 0001640147-23-000158
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-07-07 16:16:52
- Reporting Period:
- 2023-07-05
- Accepted Time:
- 2023-07-07 16:16:52
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1640147 | Snowflake Inc. | SNOW | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1402348 | Frank Slootman | C/O Snowflake Inc. 106 East Babcock Street, Suite 3A Bozeman MT 59715 | Ceo And Chairman | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2023-07-05 | 8,834 | $8.88 | 194,517 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-07-05 | 1,300 | $171.27 | 193,217 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2023-07-05 | 2,701 | $172.39 | 190,516 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2023-07-05 | 2,832 | $173.25 | 187,684 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2023-07-05 | 1,405 | $174.30 | 186,279 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2023-07-05 | 596 | $175.34 | 185,683 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (Right to Buy) | Disposition | 2023-07-05 | 8,834 | $0.00 | 8,834 | $8.88 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 11,890,696 | 2029-05-28 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 83,014 | Indirect | Foundation |
| Class A Common Stock | 767,292 | Indirect | Trust |
| Class A Common Stock | 16,300 | Indirect | Trust |
Footnotes
- 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.
- Includes shares to be issued in connection with the vesting of one or more restricted stock units.
- The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $170.74 to $171.63, 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.
- The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $171.78 to $172.73, 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.
- The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $172.79 to $173.76, 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.
- The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $173.85 to $174.80, 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.
- The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $175.00 to $175.53, 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.
- 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.
- The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
- The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.
- 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.
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