Michelangelo Volpi - Nov 11, 2022 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Director
Signature
/s/ Michelangelo Volpi
Stock symbol
CFLT
Transactions as of
Nov 11, 2022
Transactions value $
-$3,789,013
Form type
4
Date filed
11/15/2022, 03:30 PM
Previous filing
Nov 8, 2022
Next filing
Feb 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFLT Class A Common Stock Sale -$1.2M -53K -37.71% $22.58 87.5K Nov 11, 2022 By Index Ventures VII (Jersey) L.P. F1, F2
transaction CFLT Class A Common Stock Sale -$2.04M -87.5K -100% $23.27 0 Nov 11, 2022 By Index Ventures VII (Jersey) L.P. F2, F3
transaction CFLT Class A Common Stock Sale -$206K -9.1K -37.71% $22.58 15K Nov 11, 2022 By Yucca (Jersey) SLP F1, F4
transaction CFLT Class A Common Stock Sale -$350K -15K -100% $23.27 0 Nov 11, 2022 By Yucca (Jersey) SLP F3, F4
holding CFLT Class A Common Stock 59.1K Nov 11, 2022 Direct
holding CFLT Class A Common Stock 27.3K Nov 11, 2022 By Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.25 - $22.99. The reporting person undertakes to provide to 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 this footnote.
F2 The shares are held by Index Ventures VII (Jersey) L.P. ("Index VII"). Index Venture Associates VII Limited ("IVA VII") is the general partner of Index VII. The reporting person is a partner within the Index Ventures group. Advisors within the Index Ventures group provide advice to each of Index VII, Index Ventures VII Parallel Entrepreneur Fund (Jersey), L.P. ("Index VII Parallel") and Index Ventures Growth IV (Jersey) L.P. ("Index Growth IV"). The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 - $23.5972. The reporting person undertakes to provide to 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 this footnote.
F4 The shares are held by Yucca (Jersey) SLP ("Yucca"). Yucca is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Index funds' investment in the Issuer. The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.
F5 The shares are held by the Volpi-Cupal Family Trust, of which the reporting person serves as trustee. The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.