| 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 | -6.59K | -53.71% | $0.00 | 5.68K | Jun 14, 2023 | Class A Common Stock | 6.59K | $0.26 | Direct | F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The exercise , sale, and gift reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 30, 2022. |
| F2 | Includes shares to be issued in connection with the vesting of one or more restricted stock units. |
| F3 | The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee. |
| F4 | The shares subject to the option are fully vested and immediately exercisable. |