Christian Kleinerman - 23 May 2023 Form 3 Insider Report for Snowflake Inc. (SNOW)

Role
SVP, Product Management
Signature
/s/ Philip Reuther, Attorney-in-Fact
Issuer symbol
SNOW
Transactions as of
23 May 2023
Transactions value $
$0
Form type
3
Filing time
31 May 2023, 19:40:16 UTC
Next filing
12 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SNOW Class A Common Stock 745K 23 May 2023 Direct F1, F2
holding SNOW Class A Common Stock 58.6K 23 May 2023 LLC F3
holding SNOW Class A Common Stock 102K 23 May 2023 2021 GRAT F4
holding SNOW Class A Common Stock 100K 23 May 2023 2022 GRAT F5

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
holding SNOW Stock Option (Right to Buy) 23 May 2023 Class A Common Stock 53.5K $207.56 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes an aggregate of 59,601 restricted stock units, of which (i) 13,296 shares 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, and (ii) 46,305 shares vest over four years with 25% vesting on March 15, 2024 and 6.25% vesting 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 shares to be issued in connection with the vesting of one or more restricted stock units.
F3 Shares are held by the Kleinerman 2020 Dynasty LLC for which the Reporting Person is the manager and the Reporting Person's immediate family members are the beneficiaries.
F4 Shares are held by the Christian Kleinerman 2021 Grantor Retained Annuity Trust dated September 2, 2021 for which the Reporting Person is the trustee.
F5 Shares are held by the Christian Kleinerman 2022 Grantor Retained Annuity Trust dated June 24, 2022 for which the Reporting Person is the trustee.
F6 The shares subject to the option vest in 48 equal monthly installments starting on April 8, 2022, subject to the Reporting Person's continuous service through each such vesting date.