SEC Form 3
FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year) 02/27/2024 |
3. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ] |
|||||||||||||
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
5. If Amendment, Date of Original Filed
(Month/Day/Year) |
||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Beneficially Owned | |||
---|---|---|---|
1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Class A Common Stock | 31,712(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (Right to Buy) | 10/28/2023 | 11/20/2029 | Class A Common Stock | 8,000 | 12.85 | D |
Explanation of Responses: |
1. Includes an aggregate of 17,807 restricted stock units, which represents the unvested portion of the following grants: (i) 20,000 shares vesting over four years with 25% vesting on March 15, 2021 and 6.25% vesting on each Quarterly Date thereafter; (ii) 30,000 shares vesting over four years with 25% vesting on September 15, 2021 and 6.25% vesting on each Quarterly Date thereafter; (iii) 5,319 shares vesting over four years with 25% vesting on March 8, 2023 and 6.25% vesting on each Quarterly Date thereafter; and (iv) 7,939 shares vesting over four years with 25% vesting on March 15, 2024 and 6.25% vesting on each Quarterly Date thereafter; in each case subject to the Reporting Person's continuous service through each such vesting date. With respect to (i), (ii) and (iv) the Quarterly Dates are March 15, June 15, September 15, and December 15 and with respect to (iii) the Quarterly Dates are March 8, June 8, September 8, and December 8. |
Remarks: |
Exhibit 24 - Power of Attorney |
/s/ Bryan Kelly, Attorney-in-Fact | 02/28/2024 | |
** Signature of Reporting Person | 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 5 (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. |