Czajkowski Grzegorz's Form 4/A amendment
AmendedSnowflake Inc. (SNOW) · filed Jul 2, 2024
- Accession no.
- 0001640147-24-000185
- Filed
- Jul 2, 2024
- Trade date
- Jun 28, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Jun 27, 2024
This filing lists 1 non-derivative transaction. It carries over 5 transactions from the original filing that it did not restate. Open-market sales total $57.8M. It was filed 4 days after the trade.
This amendment restates part of 0001640147-24-000180 (filed Jun 27, 2024). The transactions it did not restate still count and are listed below.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Czajkowski GrzegorzCIK 0001979151 | Officer (EVP, Engineering and Support) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 28, 2024 | Class A Common Stock | SSaleDisposed | −240 | $134.86 | −$32,366.4 | 494,702 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001640147-24-000180 (filed Jun 27, 2024).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 25, 2024 | Class A Common Stock | MOption exerciseAcquired | +858,739 | $8.88 | +$7,625,602.32 | 964,062 | Direct | |
| Jun 25, 2024 | Class A Common Stock | SSaleDisposed | −465,033 | $123.07F4 | −$57,231,611.31 | 499,029 | Direct | |
| Jun 25, 2024 | Class A Common Stock | SSaleDisposed | −584 | $124.08F5 | −$72,462.72 | 498,445 | Direct | |
| Jun 25, 2024 | Class A Common Stock | SSaleDisposed | −3,503 | $125.00 | −$437,875 | 494,942 | Direct |
Derivative securities (Table II)
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 25, 2024 | Class A Common Stock | MOption exerciseDisposed | −858,739 | $0.00 | $0 | 0 | Direct |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F4
The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $123.00 to $123.995, 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 range set forth in these footnote.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $124.020 to $124.090, inclusive.
Referenced by the price of 1 transaction in Table I.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 27, 2024.
- F2
Shares sold solely to cover the exercise price of, and to satisfy the Reporting Person's tax withholding obligations related to the exercise of stock options listed in Table II in the Form 4 filed by the Reporting Person on June 27, 2024 (the "Prior Form 4"). Due to administrative error by the broker, a second sale transaction was required on June 28, 2024 to satisfy the Reporting Person's tax withholding obligations, in accordance with the 10b5-1 trading plan adopted by the Reporting Person on March 27, 2024.
- F3
Includes shares to be issued in connection with the vesting of one or more restricted stock units.
Remarks
This Form 4/A is being filed to supplement the Prior Form 4 by reporting a second sale transaction that was required to satisfy the Reporting Person's tax withholding obligations arising from the option exercise reported in the Prior Form 4. The second sale transaction was executed on June 28, 2024 and was required due to administrative error by the broker, in accordance with the 10b5-1 trading plan adopted by the Reporting Person on March 27, 2024. The transactions reported in the Prior Form 4 and being reported herein were and are all being reported in a timely manner.