Erica Schultz - Jun 23, 2021 Form 3 Insider Report for Confluent, Inc. (CFLT)

Role
President, Field Operations
Signature
/s/ Melanie Vinson, Attorney-in-fact
Stock symbol
CFLT
Transactions as of
Jun 23, 2021
Transactions value $
$0
Form type
3
Date filed
6/23/2021, 06:16 PM
Next filing
Sep 21, 2021

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
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 175K See footnote F1, F2
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 13.5K See footnote F1, F3
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 212K See footnote F1, F4
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 200K See footnote F1, F5
holding CFLT Stock Option (Right to Buy) Jun 23, 2021 Class B Common Stock 2.46M $3.41 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock.
F2 The shares are held by The Erica Schultz 2021 Annuity Trust u/a/d 3/25/2021.
F3 The shares are held by The Ruliffson Schultz Extended Family Trust.
F4 The shares are held by The Bryan and Erica Schultz Family Revocable Trust.
F5 The shares are held by The Schultz Family 2021 Irrevocable Beholder Trust.
F6 The shares subject to the option are immediately exercisable. 25% of the shares vested on 10/28/2020 and the remainder vest in 36 equal monthly installments thereafter, subject to Reporting Person's continuous service through each such vesting date.