Snowflake Inc
For the period ended Apr 30, 2025. Filed May 30, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2025 · Filed May 30, 2025
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ITEM 5. Other Information
During our last fiscal quarter, our directors and/or officers (as defined in Rule 16a-1(f) under the Exchange Act)adopted and/orterminated the contracts, instructions, or written plans for the purchase or sale of the Company’s securities as set forth in the table below.
| Trading Arrangement | |||||
|---|---|---|---|---|---|
| Action · Date · Rule 10b5-1* · Non-Rule 10b5-1** · Total Shares of Common Stock Subject to Trading Arrangement · Expiration Date | |||||
| Frank Slootman, Director | Adopted | March 26, 2025 | X | 3,024,562(1) | December 31, 2025 |
| Benoit Dageville, President of Products and Director | Adopted | March 28, 2025 | X | 426,047(2) | June 23, 2026 |
| Teresa Briggs, Director | Adopted | March 31, 2025 | X | 1,146 | July 7, 2025 |
- Intended to satisfy the affirmative defense of Rule 10b5-1(c)
** Not intended to satisfy the affirmative defense of Rule 10b5-1(c)
(1)The actual number of shares subject to the trading arrangement under the Rule 10b5-1 Plan is expected to be different due to (i) our withholding of certain shares to satisfy tax withholding obligations in connection with the vesting of restricted stock units and (ii) the amount of whole shares distributed in connection with the vesting of restricted stock units due to rounding, as applicable.
(2)The actual number of shares subject to the trading arrangement under the Rule 10b5-1 Plan is expected to be different due to (i) our withholding of certain shares to satisfy tax withholding obligations in connection with the vesting of restricted stock units; (ii) the amount of performance-based restricted stock units acquired following determination of the achievement of pre-established financial performance goals for fiscal year 2026; (iii) the number of shares of our common stock to be issued upon the first vesting of a restricted stock unit award, if any, to be granted in fiscal year 2027, the amount of which is not yet determinable and therefore not reflected in the total number of shares set forth in the table; and (iv) the amount of whole shares distributed in connection with the vesting of restricted stock units due to rounding, as applicable. The trading arrangement includes gifts of up to 90,000 shares of our common stock.
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