Benoit Dageville - 12 Dec 2024 Form 4 Insider Report for Snowflake Inc. (SNOW)

Signature
/s/ Marie Reider, Attorney-in-Fact
Issuer symbol
SNOW
Transactions as of
12 Dec 2024
Transactions value $
-$1,055,375
Form type
4
Filing time
13 Dec 2024, 19:38:53 UTC
Previous filing
11 Dec 2024
Next filing
18 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNOW Class A Common Stock Gift $0 -1,875 -0.04% $0 4,819,180 12 Dec 2024 Trust F1, F2
transaction SNOW Class A Common Stock Options Exercise $4,625 +6,250 +11.99% $0.74 58,392 12 Dec 2024 Direct F1, F3
transaction SNOW Class A Common Stock Sale -$1,060,000 -6,250 -10.7% $169.6 52,142 12 Dec 2024 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -6,250 -1.05% $0 588,613 12 Dec 2024 Class A Common Stock 6,250 $0.74 Direct F1, F4
* 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 The exercise, sales, and gift reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 29, 2024.
F2 The shares are held by The Snow Trust UTA dated 9/10/19 for which the Reporting Person is a trustee.
F3 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F4 The shares subject to the option are fully vested and immediately exercisable.