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

Role
Director
Signature
/s/ Michelangelo Volpi
Issuer symbol
CFLT
Transactions as of
23 Jun 2021
Net transactions value
$0
Form type
3
Filing time
23 Jun 2021, 18:29:40 UTC
Previous filing
07 Jun 2021
Next filing
30 Jun 2021
SEC
View on sec.gov

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 Series B Preferred Stock 23 Jun 2021 Class B Common Stock 19,892,208 See footnote F1, F2, F3, F4
holding CFLT Series C Preferred Stock 23 Jun 2021 Class B Common Stock 2,690,028 See footnote F1, F2, F3, F4
holding CFLT Series B Preferred Stock 23 Jun 2021 Class B Common Stock 492,912 See footnote F1, F2, F4, F5
holding CFLT Series C Preferred Stock 23 Jun 2021 Class B Common Stock 66,656 See footnote F1, F2, F4, F5
holding CFLT Series D Preferred Stock 23 Jun 2021 Class B Common Stock 5,226,698 See footnote F1, F2, F4, F6
holding CFLT Series E Preferred Stock 23 Jun 2021 Class B Common Stock 985,055 See footnote F1, F2, F4, F6
holding CFLT Series B Preferred Stock 23 Jun 2021 Class B Common Stock 310,428 See footnote F1, F2, F4, F7
holding CFLT Series C Preferred Stock 23 Jun 2021 Class B Common Stock 41,980 See footnote F1, F2, F4, F7
holding CFLT Series D Preferred Stock 23 Jun 2021 Class B Common Stock 90,391 See footnote F1, F2, F4, F7
holding CFLT Series E Preferred Stock 23 Jun 2021 Class B Common Stock 17,035 See footnote F1, F2, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock will automatically convert into one share of Class B Common Stock immediately upon the closing of the Issuer's initial public offering (IPO), and has no expiration date.
F2 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.
F3 The shares are held by Index Ventures VII (Jersey), L.P. ("Index VII"). Index Venture Associates VII Limited ("IVA VII") is the managing general partner of Index VII and disclaims Section 16 beneficial ownership of such shares except to the extent of its pecuniary interest therein, if any.
F4 The Reporting Person is a partner with the Index Ventures group. Advisors within the Index Ventures group provide advice to Index Ventures VII (Jersey), L.P., Index Ventures Growth IV (Jersey), L.P. and Yucca (Jersey) SLP (collectively, the "Index Funds"). The Reporting Person is involved in making recommendations to the Index Funds, but does not hold voting or dispositive power over the shares held by the Index Funds. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F5 The shares are held by Index Ventures VII Parallel Entrepreneur Fund (Jersey), L.P. ("Index VII Parallel"). IVA VII is the managing general partner of Index VI Parallel and disclaims Section 16 beneficial ownership of such shares except to the extent of its pecuniary interest therein, if any.
F6 The shares are held by Index Ventures Growth IV (Jersey), L.P. ("Index Growth III"). Index Venture Growth Associates IV Limited ("IVGA IV") is the managing general partner of Index Growth III and disclaims Section 16 beneficial ownership of such shares except to the extent of its pecuniary interest therein, if any.
F7 The shares are held by Yucca (Jersey) SLP ("Yucca"). Yucca is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Fund's investment in the issuer (in this case, Index Growth IV, Index VII and Index VII Parallel). Each of IVGA IV and IVA VII disclaims Section 16 beneficial ownership of such shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that such shares are beneficially owned by it for Section 16 or any other purpose.