Frank Slootman - 20 Oct 2021 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role: CEO and Chairman, Director
Signature: /s/ Travis Shrout, Attorney-in-Fact
Issuer symbol: SNOW
Transactions as of: 20 Oct 2021
Transactions value $: -$20,604,659
Form type: 4
Filing time: 22 Oct 2021, 18:38:11 UTC
Previous filing: 22 Sep 2021
Next filing: 29 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SNOW	Class A Common Stock	Gift	$0	-6,309	-17%	$0	30,200	29 Sep 2021	Direct	F1
transaction	SNOW	Class A Common Stock	Options Exercise	$560,265	+63,093	+209%	$8.88^*	93,293	20 Oct 2021	Direct
transaction	SNOW	Class A Common Stock	Sale	-$2,436,736	-7,305	-7.8%	$333.57	85,988	20 Oct 2021	Direct	F1, F2
transaction	SNOW	Class A Common Stock	Sale	-$7,744,138	-23,150	-27%	$334.52	62,838	20 Oct 2021	Direct	F1, F3
transaction	SNOW	Class A Common Stock	Sale	-$5,468,554	-16,302	-26%	$335.45	46,536	20 Oct 2021	Direct	F1, F4
transaction	SNOW	Class A Common Stock	Sale	-$1,842,862	-5,477	-12%	$336.47	41,059	20 Oct 2021	Direct	F1, F5
transaction	SNOW	Class A Common Stock	Sale	-$1,974,913	-5,850	-14%	$337.59	35,209	20 Oct 2021	Direct	F1, F6
transaction	SNOW	Class A Common Stock	Sale	-$883,212	-2,608	-7.4%	$338.66	32,601	20 Oct 2021	Direct	F1, F7
transaction	SNOW	Class A Common Stock	Sale	-$814,508	-2,401	-7.4%	$339.24	30,200	20 Oct 2021	Direct	F1, F8
holding	SNOW	Class A Common Stock						1,266,092	20 Oct 2021	Trust	F9, F10
holding	SNOW	Class A Common Stock						83,014	20 Oct 2021	Foundation	F9, F11

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SNOW	Stock Option (Right to Buy)	Options Exercise	$0	-63,093	-0.48%	$0	13,172,732	20 Oct 2021	Class A Common Stock	63,093	$8.88	Direct	F12

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The gift and sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
F2	The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $332.95 to $333.95, 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 $333.96 to $334.96, inclusive.
F4	The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $334.97 to $335.97, inclusive.
F5	The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $335.98 to $336.98, inclusive.
F6	The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $336.99 to $337.97, inclusive.
F7	The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $338.01 to $339.01, inclusive.
F8	The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $339.02 to $339.48, inclusive.
F9	Reflects a gift of 56,000 shares from the Slootman Living Trust to the Slootman Family Foundation on September 28, 2021.
F10	The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.
F11	The shares are held by the Slootman Family Foundation dated 11/24/2010, a charitable foundation over which the Reporting Person is deemed to have voting and investment power. However, the Reporting Person has no personal pecuniary interest in these shares.
F12	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.