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
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1. Name and Address of Reporting Person*
Czajkowski Grzegorz

(Last) (First) (Middle)
C/O SNOWFLAKE INC.
106 EAST BABCOCK STREET, SUITE 3A

(Street)
BOZEMAN MT 59715

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/23/2023
3. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Engineering and Support
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 46,371(1) D(2)
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) (3) 08/26/2029 Class A Common Stock 858,739 $8.88 D
Stock Option (Right to Buy) (4) 03/08/2032 Class A Common Stock 53,515 $207.56 D
Explanation of Responses:
1. The shares represent restricted stock units, of which (i) 13,296 shares vest quarterly over four years with 6.25% vesting on June 8, 2022 and on each Quarterly Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Dates are each of March 8, June 8, September 8, and December 8, and (ii) 33,075 shares vest quarterly over four years with 6.25% vesting on June 15, 2023 and on each Quarterly Date thereafter, subject to the Reporting Person's continuous service through each such vesting date. Quarterly Dates are each of March 15, June 15, September 15, and December 15.
2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
3. The shares subject to the option are immediately exercisable and vest over five years with 20% vesting on June 17, 2020 and the remaining shares vesting in 48 equal monthly installments starting on July 17, 2020, subject to the Reporting Person's continuous service through each such vesting date.
4. The shares subject to the option vest in 48 equal monthly installments starting on April 8, 2022, subject to the Reporting Person's continuous service through each such vesting date.
Remarks:
/s/ Philip Reuther, Attorney-in-Fact 05/31/2023
** 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.