Christopher William Degnan - 09 Mar 2022 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Revenue Officer
Signature
/s/ Travis Shrout, Attorney-in-Fact
Issuer symbol
SNOW
Transactions as of
09 Mar 2022
Transactions value $
$13,329,088
Form type
4
Filing time
11 Mar 2022, 19:02:54 UTC
Previous filing
17 Dec 2021
Next filing
10 Jun 2022
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 Award $0 +21.3K +7.63% $0.00 300K 09 Mar 2022 Direct F1
holding SNOW Class A Common Stock 60K 09 Mar 2022 Trust F2
holding SNOW Class A Common Stock 410K 09 Mar 2022 Trust F3

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) Award $13.3M +64.2K $207.56 64.2K 09 Mar 2022 Class A Common Stock 64.2K $207.56 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares represent restricted stock units, which will vest quarterly over four years with 6.25% vesting on June 8, 2022 and on each Quarterly Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Dates are each of March 8, June 8, September 8, and December 8.
F2 The shares are held by The Degnan Gift Trust for which the Reporting Person's immediate family members are beneficiaries.
F3 The share are held by The Degnan Family Trust for which the Reporting Person is a trustee.
F4 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.