Sec Form 4 Filing - ICONIQ Strategic Partners III, L.P. @ Snowflake Inc. - 2021-09-08

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
ICONIQ Strategic Partners III, L.P.
2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O ICONIQ CAPITAL, 394 PACIFIC AVENUE, 2ND FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
09/08/2021
(Street)
SAN FRANCISCO, CA94111
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 09/08/2021 J( 1 ) 329,029 D 10,780,753 D ( 2 ) ( 7 ) ( 8 )
Class A Common Stock 09/08/2021 J( 3 ) 351,572 D 11,519,372 I ( 4 ) ( 7 ) ( 8 ) By ICONIQ Strategic Partners III-B, L.P.
Class A Common Stock 09/08/2021 J( 5 ) 174,399 D 5,714,256 I ( 6 ) ( 7 ) ( 8 ) By ICONIQ Strategic Partners III Co-Invest, L.P., Series SF
Class A Common Stock 09/08/2021 J( 1 )( 3 )( 5 ) 39,316 A 96,561 I ( 7 ) ( 8 ) ( 9 ) By Divesh Makan
Class A Common Stock 09/08/2021 J( 1 )( 3 )( 5 ) 39,334 A 96,611 I ( 7 ) ( 8 ) ( 10 ) By William J.G. Griffith
Class A Common Stock 09/08/2021 J( 1 )( 3 )( 5 ) 18,930 A 40,102 I ( 7 ) ( 8 ) ( 11 ) By Matthew Jacobson
Class A Common Stock 418,033 I ( 7 ) ( 8 ) ( 12 ) By ICONIQ Strategic Partners IV, L.P.
Class A Common Stock 692,634 I ( 7 ) ( 8 ) ( 13 ) By ICONIQ Strategic Partners IV-B, L.P.
Class A Common Stock 202,312 I ( 7 ) ( 8 ) ( 14 ) By ICONIQ Strategic Partners V, L.P.
Class A Common Stock 311,657 I ( 7 ) ( 8 ) ( 15 ) By ICONIQ Strategic Partners V-B, L.P.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ICONIQ Strategic Partners III, L.P.
C/O ICONIQ CAPITAL
394 PACIFIC AVENUE, 2ND FLOOR
SAN FRANCISCO, CA94111
X
ICONIQ Strategic Partners III-B, L.P.
C/O ICONIQ CAPITAL
394 PACIFIC AVENUE, 2ND FLOOR
SAN FRANCISCO, CA94111
X
ICONIQ Strategic Partners III Co-Invest, L.P. (Series SF)
C/O ICONIQ CAPITAL
394 PACIFIC AVENUE, 2ND FLOOR
SAN FRANCISCO, CA94111
X
ICONIQ Strategic Partners III GP, L.P.
C/O ICONIQ CAPITAL
394 PACIFIC AVENUE, 2ND FLOOR
SAN FRANCISCO, CA94111
X
ICONIQ Strategic Partners III TT GP, Ltd.
C/O ICONIQ CAPITAL
394 PACIFIC AVENUE, 2ND FLOOR
SAN FRANCISCO, CA94111
X
Makan Divesh
C/O ICONIQ CAPITAL
394 PACIFIC AVENUE, 2ND FLOOR
SAN FRANCISCO, CA94111
X
Griffith William J.G.
C/O ICONIQ CAPITAL
394 PACIFIC AVENUE, 2ND FLOOR
SAN FRANCISCO, CA94111
X
Jacobson Matthew
C/O ICONIQ CAPITAL
394 PACIFIC AVENUE, 2ND FLOOR
SAN FRANCISCO, CA94111
X
Signatures
ICONIQ Strategic Partners III, L.P., ICONIQ Strategic Partners III GP, L.P., By: ICONIQ Strategic Partners III TT GP, Ltd., By: Kevin Foster, Title: Senior Vice President, /s/ Kevin Foster 09/10/2021
Signature of Reporting Person Date
ICONIQ Strategic Partners III-B, L.P., ICONIQ Strategic Partners III GP, L.P., By: ICONIQ Strategic Partners III TT GP, Ltd., By: Kevin Foster, Title: Senior Vice President, /s/ Kevin Foster 09/10/2021
Signature of Reporting Person Date
ICONIQ Strategic Partners III Co-Invest, L.P., Series SF, ICONIQ Strategic Partners III GP, L.P., By: ICONIQ Strategic Partners III TT GP, Ltd., By: Kevin Foster, Title: Senior Vice President, /s/ Kevin Foster 09/10/2021
Signature of Reporting Person Date
ICONIQ Strategic Partners III GP, L.P., ICONIQ Strategic Partners III TT GP, Ltd., By: Kevin Foster, Title: Senior Vice President, /s/ Kevin Foster 09/10/2021
Signature of Reporting Person Date
ICONIQ Strategic Partners III TT GP, Ltd., By: Kevin Foster , Title: Senior Vice President, /s/ Kevin Foster 09/10/2021
Signature of Reporting Person Date
Divesh Makan, /s/ Divesh Makan 09/10/2021
Signature of Reporting Person Date
William J.G. Griffith, /s/ William J.G. Griffith 09/10/2021
Signature of Reporting Person Date
Matthew Jacobson, /s/ Matthew Jacobson 09/10/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On September 8, 2021, ICONIQ Strategic Partners III, L.P. ("ICONIQ III") distributed, for no consideration, in the aggregate 329,029 shares of the Issuer's Class A Common Stock (the "ICONIQ III Shares") to its limited partners and to ICONIQ Strategic Partners GP III, L.P. ("ICONIQ III GP"), representing each such partner's pro rata interest in such ICONIQ III Shares. On the same date, ICONIQ III GP distributed, for no consideration, the ICONIQ III Shares it received in the distribution by ICONIQ III to its partners, representing each such partner's pro rata interest in such ICONIQ III Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
( 2 )The shares are held by ICONIQ III.
( 3 )On September 8, 2021, ICONIQ Strategic Partners III-B, L.P. ("ICONIQ III-B") distributed, for no consideration, in the aggregate 351,572 shares of the Issuer's Class A Common Stock (the "ICONIQ III-B Shares") to its limited partners and to ICONIQ III GP, representing each such partner's pro rata interest in such ICONIQ III-B Shares. On the same date, ICONIQ III GP distributed, for no consideration, the ICONIQ III-B Shares it received in the distribution by ICONIQ III-B to its partners, representing each such partner's pro rata interest in such ICONIQ III-B Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
( 4 )The shares are held by ICONIQ III-B.
( 5 )On September 8, 2021, ICONIQ Strategic Partners III Co-Invest, L.P., Series SF ("ICONIQ SF") distributed, for no consideration, in the aggregate 174,399 shares of the Issuer's Class A Common Stock (the "ICONIQ SF Shares") to its limited partners and to ICONIQ III GP, representing each such partner's pro rata interest in such ICONIQ SF Shares. On the same date, ICONIQ III GP distributed, for no consideration, the ICONIQ SF Shares it received in the distribution by ICONIQ SF to its partners, representing each such partner's pro rata interest in such ICONIQ SF Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
( 6 )The shares are held by ICONIQ SF.
( 7 )ICONIQ III GP is the sole general partner of each of ICONIQ III, ICONIQ III-B and ICONIQ SF. ICONIQ Strategic Partners III TT GP, Ltd. ("ICONIQ Parent GP III") is the sole general partner of ICONIQ III GP. Divesh Makan ("Makan") and William J.G. Griffith ("Griffith") are the sole equity holders and directors of ICONIQ Parent GP III. ICONIQ Strategic Partners GP IV, L.P. ("ICONIQ GP IV") is the sole general partner of each of ICONIQ IV and ICONIQ IV-B. ICONIQ Strategic Partners IV TT GP, Ltd. ("ICONIQ Parent GP IV") is the sole general partner of ICONIQ GP IV. Makan, Griffith and Matthew Jacobson ("Jacobson") are the sole equity holders and directors of ICONIQ Parent GP IV. ICONIQ Strategic Partners GP V, L.P. ("ICONIQ GP V") is the sole general partner of each of ICONIQ V and ICONIQ V-B. ICONIQ Strategic Partners V TT GP, Ltd. ("ICONIQ Parent GP V") is the sole general partner of ICONIQ GP V. Makan, Griffith and Jacobson are the sole equity holders and directors of ICONIQ Parent GP V.
( 8 )Each of ICONIQ III GP, ICONIQ Parent GP III, ICONIQ GP IV, ICONIQ Parent GP IV, ICONIQ GP V, ICONIQ Parent GP V, Makan, Griffith and Jacobson disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
( 9 )These shares are held directly by Makan. Includes ICONIQ III Shares, ICONIQ III-B Shares and ICONIQ SF Shares received in the distributions described in footnotes (1), (3) and (5) above.
( 10 )These shares are held directly by Griffith. Includes ICONIQ III Shares, ICONIQ III-B Shares and ICONIQ SF Shares received in the distributions described in footnotes (1), (3) and (5) above.
( 11 )These shares are held directly by Jacobson. Includes ICONIQ III Shares, ICONIQ III-B Shares and ICONIQ SF Shares received in the distributions described in footnotes (1), (3) and (5) above.
( 12 )The shares are held by ICONIQ Strategic Partners IV, L.P. ("ICONIQ IV").
( 13 )The shares are held by ICONIQ Strategic Partners IV-B, L.P. ("ICONIQ IV-B").
( 14 )The shares are held by ICONIQ Strategic Partners V, L.P. ("ICONIQ V").
( 15 )The shares are held by ICONIQ Strategic Partners V-B, L.P. ("ICONIQ V-B").

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