William J. Gurley - Nov 16, 2021 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role: 10%+ Owner
Signature: /s/ An-Yen Hu, by power of attorney for J. William Gurley
Stock symbol: CFLT
Transactions as of: Nov 16, 2021
Transactions value $: -$11,758,157
Form type: 4
Date filed: 11/18/2021, 06:11 PM
Previous filing: Nov 9, 2021
Next filing: Jul 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CFLT	Class A Common Stock	Sale	-$887K	-10.6K	-50.98%	$84.11	10.1K	Nov 16, 2021	See footnote	F1, F2
transaction	CFLT	Class A Common Stock	Sale	-$656K	-7.64K	-75.35%	$85.84	2.5K	Nov 16, 2021	See footnote	F2, F3
transaction	CFLT	Class A Common Stock	Sale	-$216K	-2.5K	-100%	$86.43	0	Nov 16, 2021	See footnote	F2, F4
transaction	CFLT	Class A Common Stock	Sale	-$220K	-2.7K	-0.19%	$81.44	1.45M	Nov 16, 2021	See footnote	F5, F6
transaction	CFLT	Class A Common Stock	Sale	-$559K	-6.79K	-0.47%	$82.30	1.45M	Nov 16, 2021	F1See footnote	F6, F7
transaction	CFLT	Class A Common Stock	Sale	-$1.82M	-21.8K	-1.51%	$83.65	1.42M	Nov 16, 2021	See footnote	F6, F8
transaction	CFLT	Class A Common Stock	Sale	-$4.72M	-55.9K	-3.92%	$84.41	1.37M	Nov 16, 2021	See footnote	F6, F9
transaction	CFLT	Class A Common Stock	Sale	-$1.94M	-22.9K	-1.67%	$85.08	1.35M	Nov 16, 2021	See footnote	F6, F10
transaction	CFLT	Class A Common Stock	Sale	-$734K	-8.5K	-0.63%	$86.35	1.34M	Nov 16, 2021	See footnote	F6, F11
holding	CFLT	Class A Common Stock						136K	Nov 16, 2021	See footnote	F12

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on November 16, 2021. The actual sale prices ranged from a low of $83.81 to a high of $84.66, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Confluent, Inc. or any security holder of Confluent, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F2	Shares are held by J. William Gurley's family partnerships.
F3	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on November 16, 2021. The actual sale prices ranged from a low of $85.1 to a high of $86.09, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Confluent, Inc. or any security holder of Confluent, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F4	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on November 16, 2021. The actual sale prices ranged from a low of $86.1 to a high of $86.5, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Confluent, Inc. or any security holder of Confluent, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F5	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on November 16, 2021. The actual sale prices ranged from a low of $80.855 to a high of $81.795, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Confluent, Inc. or any security holder of Confluent, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F6	Shares are held by J. William Gurley's trust entity.
F7	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on November 16, 2021. The actual sale prices ranged from a low of $81.86 to a high of $82.8, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Confluent, Inc. or any security holder of Confluent, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F8	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on November 16, 2021. The actual sale prices ranged from a low of $82.93 to a high of $83.925, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Confluent, Inc. or any security holder of Confluent, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F9	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on November 16, 2021. The actual sale prices ranged from a low of $83.935 to a high of $84.92, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Confluent, Inc. or any security holder of Confluent, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F10	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on November 16, 2021. The actual sale prices ranged from a low of $84.935 to a high of $85.92, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Confluent, Inc. or any security holder of Confluent, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F11	Represents the weighted-average sale price per share of a series of transactions, all of which were executed on November 16, 2021. The actual sale prices ranged from a low of $85.96 to a high of $86.5, inclusive. The Reporting Person undertakes to provide upon request of the SEC Staff, Confluent, Inc. or any security holder of Confluent, Inc. full information regarding the number of shares sold at each price within the range. The amount reflected has been rounded to 4 decimal points.
F12	Shares are held by Benchmark Capital Management Co. VIII, L.L.C. ("BCMC VIII"). The Reporting Person is a managing member of BCMC VIII, and may be deemed to share voting and investment power over the securities held by such entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities, except to the extent of his pecuniary interest in such securities.