Eric Vishria - May 30, 2023 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role: Director
Signature: /s/ An-Yen Hu, by power of attorney for Eric Vishria
Stock symbol: CFLT
Transactions as of: May 30, 2023
Transactions value $: -$1,503,355
Form type: 4
Date filed: 6/1/2023, 06:27 PM
Previous filing: May 19, 2023
Next filing: Jun 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CFLT	Class A Common Stock	Sale	-$1.5M	-50K	-3.22%	$30.07	1.5M	May 30, 2023	See footnote	F1, F2, F3
transaction	CFLT	Class A Common Stock	Gift	$0	-115K	-7.65%	$0.00	1.39M	May 31, 2023	See footnote	F3
holding	CFLT	Class A Common Stock						40K	May 30, 2023	See footnote	F4

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Shares sold pursuant to a 10b5-1 trading plan adopted September 14, 2022.
F2	The shares were sold at prices ranging from $30.01 to $30.22. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3	Shares are held by entities controlled by the reporting person.
F4	Shares are held by Benchmark Capital Management Co. VIII, L.L.C. ("BCMC VIII") who has sole voting and investment power over such shares. Eric Vishria, a member of the Issuer's board of directors, Matthew R. Cohler, Peter H. Fenton, J. William Gurley, An-Yen Hu, Mitchell H. Lasky, Chetan Puttagunta and Sarah E. Tavel are the managing members of BCMC VIII, and each of them may be deemed to share voting and investment power over the securities held by BCMC VIII. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of the securities, except to the extent of such person's or entity's pecuniary interest in such securities.