Matthew Craig Miller - 14 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: 14 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 16 Feb 2024, 18:06:30 UTC
Previous filing: 12 Feb 2024
Next filing: 14 Jun 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	+608,451		$0.000000	608,451	14 Feb 2024	Sequoia Capital Fund Parallel, LLC	F1, F3
transaction	CFLT	Class A Common Stock	Other	$0	-608,451	-100%	$0.000000^*	0	14 Feb 2024	Sequoia Capital Fund Parallel, LLC	F2, F3
transaction	CFLT	Class A Common Stock	Conversion of derivative security	$0	+3,637,536		$0.000000	3,637,536	14 Feb 2024	Sequoia Capital Fund, LP	F1, F3
transaction	CFLT	Class A Common Stock	Other	$0	-3,637,536	-100%	$0.000000^*	0	14 Feb 2024	Sequoia Capital Fund, LP	F2, F3
transaction	CFLT	Class A Common Stock	Other	$0	+2	+0%	$0.000000	242,804	14 Feb 2024	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	-608,451	-33%	$0.000000	1,216,897	14 Feb 2024	Class A Common Stock	608,451		Sequoia Capital Fund Parallel, LLC	F1, F3
transaction	CFLT	Class B Common Stock	Conversion of derivative security	$0	-3,637,536	-33%	$0.000000	7,385,300	14 Feb 2024	Class A Common Stock	3,637,536		Sequoia Capital Fund, LP	F1, F3

* 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.
F3	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 ofeach 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.