Michael Scarpelli - Feb 25, 2025 Form 4 Insider Report for Snowflake Inc. (SNOW)

Role
Chief Financial Officer
Signature
/s/ Marie Reider, Attorney-in-Fact
Stock symbol
SNOW
Transactions as of
Feb 25, 2025
Transactions value $
$0
Form type
4
Date filed
2/26/2025, 06:46 PM
Previous filing
Dec 18, 2024
Next filing
Mar 12, 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 Award $0 +163K +99.87% $0.00 326K Feb 25, 2025 Direct F1, F2
holding SNOW Class A Common Stock 17.6K Feb 25, 2025 Trust F3
holding SNOW Class A Common Stock 17.6K Feb 25, 2025 Trust F4
holding SNOW Class A Common Stock 17.6K Feb 25, 2025 Trust F5
holding SNOW Class A Common Stock 2.76K Feb 25, 2025 Trust F6
holding SNOW Class A Common Stock 2.76K Feb 25, 2025 Trust F7
holding SNOW Class A Common Stock 2.76K Feb 25, 2025 Trust F8
holding SNOW Class A Common Stock 177K Feb 25, 2025 Trust F9
holding SNOW Class A Common Stock 177K Feb 25, 2025 Trust F10
holding SNOW Class A Common Stock 177K Feb 25, 2025 Trust F11
holding SNOW Class A Common Stock 34.4K Feb 25, 2025 Spouse
holding SNOW Class A Common Stock 168K Feb 25, 2025 Trust F12

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
holding SNOW Stock Option (Right to Buy) 2.02M Feb 25, 2025 Class A Common Stock 2.02M $8.88 Direct F13, F14
holding SNOW Stock Option (Right to Buy) 69.6K Feb 25, 2025 Class A Common Stock 69.6K $207.56 Direct F14, F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents previously granted restricted stock units acquired following determination of the Issuer's achievement of pre-established financial performance goals for fiscal year 2025. The restricted stock units will vest over three years, with 33.33% vesting on March 20, 2025 and 8.33% vesting on each "Quarterly Date" thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Dates are each of March 20, June 20, September 20, and December 20.
F2 Includes shares to be issued in connection with the vesting of one or more restricted stock units.
F3 The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 1 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F4 The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 2 dated 12/29/2020 for which the Reporting Persons' child is the beneficiary.
F5 The shares are held by the 2020 Fintail Irrevocable GST Exempt Trust f/b/o Child 3 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F6 The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 1 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F7 The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 2 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F8 The shares are held by the 2020 Fintail Irrevocable Non-Exempt Trust f/b/o Child 3 dated 12/29/2020 for which the Reporting Person's child is the beneficiary.
F9 Irrevocable Trust f/b/o Child 1 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.
F10 Irrevocable Trust f/b/o Child 2 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.
F11 Irrevocable Trust f/b/o Child 3 created under the Michael P. Scarpelli 2019 Grantor Retained Annuity Trust dated 9/12/2019.
F12 The shares are held by the Scarpelli Family Trust for which the Reporting Person is a trustee.
F13 The stock option is fully vested.
F14 The Reporting Person is not reporting any transactions relating to his stock options for the Issuer's Class A Common Stock and is voluntarily reporting his outstanding stock options as of the date of this report.
F15 The shares subject to the option vest in 48 equal monthly installments beginning on March 8, 2022, subject to the Reporting Person's continuous service through each such vesting date.