Filing Details
- Accession Number:
- 0001640147-25-000061
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-27 16:30:09
- Reporting Period:
- 2025-03-25
- Filing Date:
- 2025-03-27
- Accepted Time:
- 2025-03-27 16:30:09
- 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 |
|---|---|---|---|---|---|---|---|
| 1402349 | Michael Scarpelli | C/O Snowflake Inc. 106 East Babcock Street, Suite 3A Bozeman MT 59715 | Chief Financial Officer | No | 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 | 2025-03-25 | 300,000 | $8.88 | 592,610 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2025-03-25 | 143,367 | $162.71 | 449,243 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-25 | 119,150 | $163.44 | 330,093 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-25 | 37,483 | $164.44 | 292,610 | 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 |
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 | 2025-03-25 | 300,000 | $0.00 | 300,000 | $8.88 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,719,299 | 2029-08-26 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 17,617 | Indirect | Trust |
| Class A Common Stock | 17,617 | Indirect | Trust |
| Class A Common Stock | 17,617 | Indirect | Trust |
| Class A Common Stock | 2,755 | Indirect | Trust |
| Class A Common Stock | 2,755 | Indirect | Trust |
| Class A Common Stock | 2,755 | Indirect | Trust |
| Class A Common Stock | 176,829 | Indirect | Trust |
| Class A Common Stock | 176,829 | Indirect | Trust |
| Class A Common Stock | 176,829 | Indirect | Trust |
| Class A Common Stock | 34,364 | Indirect | Spouse |
| Class A Common Stock | 167,521 | Indirect | Trust |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (Right to Buy) | $207.56 | 2032-03-08 | 69,569 | 69,569 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2032-03-08 | 69,569 | 69,569 | Direct |
Footnotes
- 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 $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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- Irrevocable Trust f/b/o Child 1 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.
- Irrevocable Trust f/b/o Child 2 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.
- Irrevocable Trust f/b/o Child 3 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.
- The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
- The stock option is fully vested.
- 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.
- 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.
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