Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SNOW | Class A Common Stock | Sale | -$2.1M | -10K | -1.32% | $210.00 | 747K | Jan 24, 2024 | Direct | F1, F2, F3 |
holding | SNOW | Class A Common Stock | 100K | Jan 24, 2024 | 2023 GRAT | F4 | |||||
holding | SNOW | Class A Common Stock | 58.6K | Jan 24, 2024 | LLC | F5 | |||||
holding | SNOW | Class A Common Stock | 75.3K | Jan 24, 2024 | 2022 GRAT | F6 |
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 sale reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 30, 2022 |
F2 | The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $210.000 to $210.030 inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
F3 | Includes shares to be issued in connection with the vesting of one or more restricted stock units. |
F4 | Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023 for which the Reporting Person is a beneficiary. |
F5 | 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. |
F6 | Shares are held by the Christian Kleinerman 2022 Grantor Retained Annuity Trust dated June 24, 2022 for which the Reporting Person is the trustee. |