Christopher William Degnan - Feb 3, 2025 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Revenue Officer
Signature
/s/ Marie Reider, Attorney-in-Fact
Stock symbol
SNOW
Transactions as of
Feb 3, 2025
Transactions value $
-$2,152,393
Form type
4
Date filed
2/4/2025, 06:50 PM
Previous filing
Jan 3, 2025
Next filing
Feb 26, 2025
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 Gift $0 -3.84K -1.23% $0.00 308K Feb 3, 2025 Direct F1, F2
transaction SNOW Class A Common Stock Options Exercise $172K +12.8K +4.15% $13.48 321K Feb 3, 2025 Direct F1, F2
transaction SNOW Class A Common Stock Sale -$92.4K -524 -0.16% $176.42 320K Feb 3, 2025 Direct F1, F2, F3
transaction SNOW Class A Common Stock Sale -$107K -600 -0.19% $177.88 320K Feb 3, 2025 Direct F1, F2, F4
transaction SNOW Class A Common Stock Sale -$351K -1.96K -0.61% $179.27 318K Feb 3, 2025 Direct F1, F2, F5
transaction SNOW Class A Common Stock Sale -$91.6K -507 -0.16% $180.64 317K Feb 3, 2025 Direct F1, F2, F6
transaction SNOW Class A Common Stock Sale -$255K -1.4K -0.44% $182.04 316K Feb 3, 2025 Direct F1, F2, F7
transaction SNOW Class A Common Stock Sale -$796K -4.35K -1.38% $182.88 312K Feb 3, 2025 Direct F1, F2, F8
transaction SNOW Class A Common Stock Sale -$632K -3.44K -1.1% $183.73 308K Feb 3, 2025 Direct F1, F2, F9
holding SNOW Class A Common Stock 140K Feb 3, 2025 Trust F10
holding SNOW Class A Common Stock 120K Feb 3, 2025 Trust F11
holding SNOW Class A Common Stock 50K Feb 3, 2025 Trust F12
holding SNOW Class A Common Stock 50K Feb 3, 2025 Trust F13
holding SNOW Class A Common Stock 101K Feb 3, 2025 Trust F14

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 -12.8K -5.71% $0.00 211K Feb 3, 2025 Class A Common Stock 12.8K $13.48 Direct F1, F15
* 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 December 27, 2023.
F2 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F3 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $176.030 to $176.920, 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 these footnotes.
F4 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $177.500 to $178.340, inclusive.
F5 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $178.780 to $179.770, inclusive.
F6 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $180.370 to $180.860, inclusive.
F7 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $181.420 to $182.340, inclusive.
F8 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $182.420 to $183.390, inclusive.
F9 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $183.420 to $184.300, inclusive.
F10 The shares are held by The Degnan Family Trust for which the Reporting Person is a trustee.
F11 The shares are held by Degnan Gift Trust for which the Reporting Person's immediate family members are beneficiaries.
F12 The shares are held by Fairbanks GRAT No. I for which the Reporting Person and the Reporting Person's spouse are the beneficiaries and the Reporting Person is a trustee and investment advisor.
F13 The shares are held by Sherborne GRAT No. I for which the Reporting Person and the Reporting Person's spouse are the beneficiaries and the Reporting Person's spouse is a trustee and investment advisor.
F14 The shares are held by The Sudbury Trust for which the Reporting Person's children are the beneficiaries and the Reporting Person is an investment advisor.
F15 The stock option is fully vested.