Snowflake grants CEO Sridhar Ramaswamy 1M PSUs with stock price milestones up to $531

Snowflake Inc.

CEO Sridhar Ramaswamy receives PSU award of 1,000,000 shares under 2020 Equity Incentive Plan.
Award divided into five tranches with stock price targets from $324 to $531, requiring up to $100B value creation.
Service-based vesting: September 15, 2029 for tranches 1-2, September 15, 2030 for tranches 3-5, subject to CEO service.
Performance periods range from 2 to 7 years; unearned tranches forfeited if stock price targets not met.
Shares subject to one-year delivery deferral after vesting; clawback provisions apply for misconduct or accounting restatement.

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