Matthew Craig Miller - 02 Feb 2023 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Director, 10%+ Owner
Signature
By: /s/ Jung Yeon Son, by power of attorney for Matthew Craig Miller
Issuer symbol
CFLT
Transactions as of
02 Feb 2023
Net transactions value
$0
Form type
4
Filing time
06 Feb 2023, 18:26:58 UTC
Previous filing
02 Dec 2022
Next filing
16 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFLT Class A Common Stock Conversion of derivative security $0 +93,461 $0.000000 93,461 02 Feb 2023 Sequoia Capital U.S. Growth Fund VII, L.P. F1, F3, F4
transaction CFLT Class A Common Stock Conversion of derivative security $0 +68,843 $0.000000 68,843 02 Feb 2023 Sequoia Capital U.S. Growth VII Principals Fund, L.P. F1, F3, F4
transaction CFLT Class A Common Stock Conversion of derivative security $0 +67,569 $0.000000 67,569 02 Feb 2023 Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F3, F4
transaction CFLT Class A Common Stock Conversion of derivative security $0 +149,687 $0.000000 149,687 02 Feb 2023 Sequoia Grove II, LLC F1, F6
transaction CFLT Class A Common Stock Other $0 -93,461 -100% $0.000000* 0 02 Feb 2023 Sequoia Capital U.S. Growth Fund VII, L.P. F2, F3, F4
transaction CFLT Class A Common Stock Other $0 -68,843 -100% $0.000000* 0 02 Feb 2023 Sequoia Capital U.S. Growth VII Principals Fund, L.P. F2, F3, F4
transaction CFLT Class A Common Stock Other $0 -67,569 -100% $0.000000* 0 02 Feb 2023 Sequoia Capital U.S. Growth Fund VIII, L.P. F2, F3, F4
transaction CFLT Class A Common Stock Other $0 -149,687 -100% $0.000000* 0 02 Feb 2023 Sequoia Grove II, LLC F2, F6
transaction CFLT Class A Common Stock Conversion of derivative security $0 +22,673 +31% $0.000000 95,597 02 Feb 2023 Estate planning vehicle F1
transaction CFLT Class A Common Stock Other $0 +2,267 +2.4% $0.000000 97,864 02 Feb 2023 Estate planning vehicle F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CFLT Class B Common Stock Conversion of derivative security $0 -93,461 -1.2% $0.000000 7,495,880 02 Feb 2023 Class A Common Stock 93,461 Sequoia Capital U.S. Growth Fund VII, L.P. F1, F3, F4
transaction CFLT Class B Common Stock Other $0 -990,731 -13% $0.000000 6,505,149 02 Feb 2023 Class A Common Stock 990,731 Sequoia Capital U.S. Growth Fund VII, L.P. F1, F2, F3, F4
transaction CFLT Class B Common Stock Conversion of derivative security $0 -68,843 -9.6% $0.000000 645,172 02 Feb 2023 Class A Common Stock 68,843 Sequoia Capital U.S. Growth VII Principals Fund, L.P. F1, F3, F4
transaction CFLT Class B Common Stock Other $0 -23,324 -3.6% $0.000000 621,848 02 Feb 2023 Class A Common Stock 23,324 Sequoia Capital U.S. Growth VII Principals Fund, L.P. F1, F2, F3, F4
transaction CFLT Class B Common Stock Conversion of derivative security $0 -67,569 -2.6% $0.000000 2,557,965 02 Feb 2023 Class A Common Stock 67,569 Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F3, F4
transaction CFLT Class B Common Stock Other $0 -297,855 -12% $0.000000 2,260,110 02 Feb 2023 Class A Common Stock 297,855 Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F2, F3, F4
transaction CFLT Class B Common Stock Conversion of derivative security $0 -149,687 -14% $0.000000 898,118 02 Feb 2023 Class A Common Stock 149,687 Sequoia Grove II, LLC F1, F6
transaction CFLT Class B Common Stock Other $0 +1,279,796 +2.6% $0.000000 51,119,184 02 Feb 2023 Class A Common Stock 1,279,796 Sequoia Capital Fund, LP F1, F2, F5
transaction CFLT Class B Common Stock Other $0 +264,245 +33% $0.000000 1,056,980 02 Feb 2023 Class A Common Stock 264,245 Sequoia Capital Fund Parallel, LLC F1, F2, F5
transaction CFLT Class B Common Stock Conversion of derivative security $0 -22,673 -14% $0.000000 136,037 02 Feb 2023 Class A Common Stock 22,673 Estate planning vehicle F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date. In addition, upon any transfer of shares of Class B Common Stock, each such transferred share will automatically convert into one share of Class A Common Stock, except for certain "Permitted Transfers" described in the Issuer's certificate of incorporation.
F2 Represents a pro rata in-kind distribution of shares of Common Stock of the Issuer to partners or members for no consideration and includes subsequent distributions by general partners or managing members to their respective partners or members and, in certain cases, the contribution by such partners or members to the applicable recipient fund.
F3 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth VII Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VII, L.P. and Sequoia Capital U.S. Growth VII Principals Fund, L.P.; and (ii) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P..
F4 (Continued from Footnote 3) The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F5 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of each of Sequoia Capital Fund, LP ("SCF") and Sequoia Capital Fund Parallel, LLC ("SCFP"). The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F6 The Reporting Person is a member of Sequoia Grove II, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.