Employee Stock Purchase Plan
Making it easy to invest in your financial success.
The Snowflake Employees Stock Purchase Plan (ESPP) provides eligible employees with an opportunity to purchase Snowflake common stock at a discount using after-tax payroll deductions.
There are two important features of this discount.
- Eligible employees will be able to purchase Snowflake stock at a 15% discount off the market price, and
- The discount is applied using a look-back feature; the price you pay will be a 15% discount on either the closing price of a share of SNOW stock on the first day of the offering period or the last day of the offering period, whichever is lower.
Eligible employees pay for these discounted shares by contributing a percentage of each paycheck. You can elect to contribute from 1% to 15%, Enrollment happens in February and August each year.
