Matthew Craig Miller - 09 Feb 2024 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Director
Signature
By: /s/ Jung Yeon Son, by power of attorney for Matthew Craig Miller
Issuer symbol
CFLT
Transactions as of
09 Feb 2024
Net transactions value
$0
Form type
4
Filing time
12 Feb 2024, 18:47:06 UTC
Previous filing
10 Aug 2023
Next filing
16 Feb 2024
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 +2,192,541 $0.000000 2,192,541 09 Feb 2024 Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F3, F4
transaction CFLT Class A Common Stock Other $0 -2,192,541 -100% $0.000000* 0 09 Feb 2024 Sequoia Capital U.S. Growth Fund VIII, L.P. F2, F3, F4
transaction CFLT Class A Common Stock Conversion of derivative security $0 +201,644 $0.000000 201,644 09 Feb 2024 Sequoia Grove II, LLC F1, F6
transaction CFLT Class A Common Stock Other $0 -201,644 -100% $0.000000* 0 09 Feb 2024 Sequoia Grove II, LLC F2, F6
transaction CFLT Class A Common Stock Conversion of derivative security $0 +56,327 +31% $0.000000 239,940 09 Feb 2024 Estate planning vehicle F1
transaction CFLT Class A Common Stock Other $0 +2,862 +1.2% $0.000000 242,802 09 Feb 2024 Estate planning vehicle F2
transaction CFLT Class A Common Stock Conversion of derivative security $0 +29,054 $0.000000 29,054 12 Feb 2024 Sequoia Capital Fund Parallel, LLC F1, F5
transaction CFLT Class A Common Stock Other $0 -29,054 -100% $0.000000* 0 12 Feb 2024 Sequoia Capital Fund Parallel, LLC F2, F5

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 -2,192,541 -100% $0.000000* 0 09 Feb 2024 Class A Common Stock 2,192,541 Sequoia Capital U.S. Growth Fund VIII, L.P. F1, F3, F4
transaction CFLT Class B Common Stock Conversion of derivative security $0 -201,644 -100% $0.000000* 0 09 Feb 2024 Class A Common Stock 201,644 Sequoia Grove II, LLC F1, F6
transaction CFLT Class B Common Stock Conversion of derivative security $0 -56,327 -100% $0.000000* 0 09 Feb 2024 Class A Common Stock 56,327 Estate planning vehicle F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -29,054 -1.6% $0.000000 1,825,348 12 Feb 2024 Class A Common Stock 29,054 Sequoia Capital Fund Parallel, LLC F1, F5
holding CFLT Class B Common Stock 11,022,836 09 Feb 2024 Class A Common Stock 11,022,836 Sequoia Capital Fund, LP F1, F5
* 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 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.