Christopher William Degnan - 15 Mar 2023 Form 4 Insider Report for Snowflake Inc. (SNOW)

Signature
/s/ Travis Shrout, Attorney-in-Fact
Issuer symbol
SNOW
Transactions as of
15 Mar 2023
Transactions value $
$0
Form type
4
Filing time
17 Mar 2023, 18:41:32 UTC
Previous filing
13 Mar 2023
Next filing
12 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Award $0 +39,690 +35.58% $0 151,237 15 Mar 2023 Direct F1, F2
holding SNOW Class A Common Stock 120,000 15 Mar 2023 Trust F3
holding SNOW Class A Common Stock 537,289 15 Mar 2023 Trust 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 15, 2023 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 15, June 15, September 15, and December 15.
F2 Includes (i) 127 shares acquired under a Section 423 Employee Stock Purchase Plan on March 14, 2023 and (ii) shares to be issued in connection with the vesting of one or more restricted stock units.
F3 The shares are held by The Degnan Gift Trust for which the Reporting Person's immediate family members are the beneficiaries.
F4 The share are held by The Degnan Family Trust for which the Reporting Person is a trustee.