Christian Kleinerman - Sep 9, 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: Sep 9, 2024
Transactions value $: -$121,066
Form type: 4
Date filed: 9/11/2024, 06:34 PM
Previous filing: Aug 8, 2024
Next filing: Sep 18, 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	-$59.7K	-550	-0.08%	$108.56	718K	Sep 9, 2024	Direct	F1, F2
transaction	SNOW	Class A Common Stock	Sale	-$61.4K	-558	-0.07%	$109.96	759K	Sep 10, 2024	Direct	F2, F3, F4
holding	SNOW	Class A Common Stock						100K	Sep 9, 2024	2023 GRAT	F5
holding	SNOW	Class A Common Stock						33.5K	Sep 9, 2024	2022 GRAT	F4, F6
holding	SNOW	Class A Common Stock						58.6K	Sep 9, 2024	LLC	F7

* 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 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 10b5-1 trading plans adopted by the Reporting Person on December 22, 2023.
F4	Reflects the distribution of 41,808 shares transferred from the Christian Kleinerman 2022 Grantor Retained Annuity Trust dated June 24, 2022 to the Reporting Person as an annuity payment on September 10, 2024.
F5	Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023 for which the Reporting Person is a beneficiary.
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.
F7	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.