Sec Form 4 Filing - Degnan Christopher William @ Snowflake Inc. - 2021-03-08

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Degnan Christopher William
2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Revenue Officer
(Last) (First) (Middle)
C/O SNOWFLAKE INC., 450 CONCAR DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
03/08/2021
(Street)
SAN MATEO, CA94402
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 03/08/2021 M 25,563 A $ 1.41 68,961 D
Class A Common Stock 03/08/2021 S( 1 ) 469 D $ 213.156 ( 2 ) 68,492 D
Class A Common Stock 03/08/2021 S( 1 ) 1,518 D $ 214.308 ( 3 ) 66,974 D
Class A Common Stock 03/08/2021 S( 1 ) 561 D $ 215.387 ( 4 ) 66,413 D
Class A Common Stock 03/08/2021 S( 1 ) 200 D $ 216.395 ( 5 ) 66,213 D
Class A Common Stock 03/08/2021 S( 1 ) 188 D $ 217.723 ( 6 ) 66,025 D
Class A Common Stock 03/08/2021 S( 1 ) 471 D $ 218.902 ( 7 ) 65,554 D
Class A Common Stock 03/08/2021 S( 1 ) 987 D $ 219.936 ( 8 ) 64,567 D
Class A Common Stock 03/08/2021 S( 1 ) 505 D $ 220.77 ( 9 ) 64,062 D
Class A Common Stock 03/08/2021 S( 1 ) 775 D $ 221.906 ( 10 ) 63,287 D
Class A Common Stock 03/08/2021 S( 1 ) 1,100 D $ 223.35 ( 11 ) 62,187 D
Class A Common Stock 03/08/2021 S( 1 ) 1,965 D $ 224.495 ( 12 ) 60,222 D
Class A Common Stock 03/08/2021 S( 1 ) 1,280 D $ 225.653 ( 13 ) 58,942 D
Class A Common Stock 03/08/2021 S( 1 ) 600 D $ 226.383 ( 14 ) 58,342 D
Class A Common Stock 03/08/2021 S( 1 ) 700 D $ 227.597 ( 15 ) 57,642 D
Class A Common Stock 03/08/2021 S( 1 ) 700 D $ 228.91 ( 16 ) 56,942 D
Class A Common Stock 03/08/2021 S( 1 ) 619 D $ 231.773 ( 17 ) 56,323 D
Class A Common Stock 03/08/2021 S( 1 ) 1,400 D $ 233.174 ( 18 ) 54,923 D
Class A Common Stock 03/08/2021 S( 1 ) 2,600 D $ 234.333 ( 19 ) 52,323 D
Class A Common Stock 03/08/2021 S( 1 ) 3,926 D $ 235.464 ( 20 ) 48,397 D
Class A Common Stock 03/08/2021 S( 1 ) 2,589 D $ 236.434 ( 21 ) 45,808 D
Class A Common Stock 03/08/2021 S( 1 ) 600 D $ 237.345 ( 22 ) 45,208 D
Class A Common Stock 03/08/2021 S( 1 ) 700 D $ 238.566 ( 23 ) 44,508 D
Class A Common Stock 03/08/2021 S( 1 ) 1,110 D $ 239.357 ( 24 ) 43,398 D
Class A Common Stock 60,000 I Trust ( 25 )
Class A Common Stock 502,464 I Trust ( 26 )
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
Stock Option (Right to Buy) $ 1.41 03/08/2021 M 25,563 ( 27 ) 08/16/2027 Class A Common Stock 25,563 $ 0 337,899 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Degnan Christopher William
C/O SNOWFLAKE INC.
450 CONCAR DRIVE
SAN MATEO, CA94402
Chief Revenue Officer
Signatures
/s/ Travis Shrout, Attorney-in-Fact 03/10/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
( 2 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $212.77 to $213.755, 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 fort in these footnotes.
( 3 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $213.97 to $214.66, inclusive.
( 4 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $215.12 to $216.12, inclusive.
( 5 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $216.125 to $216.665, inclusive.
( 6 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $217.28 to $218.175, inclusive.
( 7 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $218.33 to $219.33, inclusive.
( 8 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $219.35 to $220.26, inclusive.
( 9 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $220.425 to $221.37, inclusive.
( 10 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $221.515 to $222.38, inclusive.
( 11 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $222.80 to $223.80, inclusive.
( 12 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $224.015 to $225.00, inclusive.
( 13 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $225.14 to $226.14, inclusive.
( 14 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $226.18 to $226.71, inclusive.
( 15 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $227.27 to $228.22, inclusive.
( 16 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $228.58 to $229.49, inclusive.
( 17 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $231.43 to $231.99, inclusive.
( 18 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $232.75 to $233.71, inclusive.
( 19 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $233.90 to $234.85, inclusive.
( 20 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $234.93 to $235.92, inclusive.
( 21 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $235.95 to $236.85, inclusive.
( 22 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $236.98 to $237.835, inclusive.
( 23 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $238.00 to $238.855, inclusive.
( 24 )The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $239.05 to $239.70, inclusive.
( 25 )The shares are held by The Degnan Gift Trust for which the Reporting Person's immediate family members are the beneficiaries.
( 26 )The share are held by The Degnan Family Trust for which the Reporting Person is a trustee.
( 27 )The shares subject to the option are immediately exercisable and vest in 52 equal monthly installments beginning on July 1, 2017, subject to Reporting Person's continuous service through each such vesting date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.