Carl Ledbetter - 09 Sep 2021 Form 4 Insider Report for Cloudflare, Inc. (NET)

Role
Director
Signature
/s/ Lindsey Cochran, by power of attorney
Issuer symbol
NET
Transactions as of
09 Sep 2021
Transactions value $
-$6,499,133
Form type
4
Filing time
10 Sep 2021, 16:19:20
Previous filing
10 Aug 2021
Next filing
12 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NET Class A Common Stock Sale -$1.34M -10.4K -0.47% $128.95 2.21M 09 Sep 2021 See footnote F1, F2, F3
transaction NET Class A Common Stock Sale -$2.68M -20.6K -0.93% $129.83 2.19M 09 Sep 2021 See footnote F1, F3, F4
transaction NET Class A Common Stock Sale -$2.48M -19K -0.87% $130.72 2.17M 09 Sep 2021 See footnote F1, F3, F5
holding NET Class A Common Stock 9.06K 09 Sep 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 17, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.30 to $129.285, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (4) and (5) to this Form 4.
F3 The shares are held of record by the Carl S. Ledbetter Trust dated February 14, 2020, for which the reporting person serves as a trustee.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $129.315 to $130.31, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.315 to $131.30, inclusive.