MARK GARRETT - 05 Jul 2023 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Director
Signature
/s/ Erika Payne, Attorney-in-Fact
Issuer symbol
SNOW
Transactions as of
05 Jul 2023
Net transactions value
$0
Form type
4
Filing time
06 Jul 2023, 16:58:17 UTC
Previous filing
09 Jun 2023
Next filing
30 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Award $0 +1,695 +49% $0.000000 5,136 05 Jul 2023 Direct F1, F2
holding SNOW Class A Common Stock 121,010 05 Jul 2023 Limited Partnership F3
* 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 in full on the earlier of (i) the date of the annual meeting of the Issuer's stockholders to be held in 2024 (or the date immediately prior to such meeting if the Reporting Person's service as a director ends at such meeting due to the Reporting Person's failure to be re-elected or the Reporting Person not standing for re-election), or (ii) the first anniversary of the date of grant; subject to the Reporting Person's continued service through such date.
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 Garrett Family Investment Partnership, L.P. for which the Reporting Person is the general partner.