Christian Kleinerman - Jun 20, 2024 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
EVP, Product Management
Signature
/s/ Marie Reider, Attorney-in-Fact
Stock symbol
SNOW
Transactions as of
Jun 20, 2024
Transactions value $
-$615,107
Form type
4
Date filed
6/24/2024, 08:30 PM
Previous filing
Jun 20, 2024
Next filing
Jul 8, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Tax liability -$206K -1.58K -0.21% $130.67 752K Jun 20, 2024 Direct F1, F2
transaction SNOW Class A Common Stock Tax liability -$110K -866 -0.12% $126.62 751K Jun 20, 2024 Direct F1, F2
transaction SNOW Class A Common Stock Sale -$193K -1.54K -0.2% $125.93 750K Jun 20, 2024 Direct F2, F3
transaction SNOW Class A Common Stock Sale -$106K -842 -0.11% $125.68 749K Jun 21, 2024 Direct F2, F3
holding SNOW Class A Common Stock 58.6K Jun 20, 2024 LLC F4
holding SNOW Class A Common Stock 75.3K Jun 20, 2024 2022 GRAT F5
holding SNOW Class A Common Stock 100K Jun 20, 2024 2023 GRAT F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations on the vesting and settlement of restricted stock units.
F2 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F3 The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 22, 2023
F4 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.
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 Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023 for which the Reporting Person is a beneficiary.