Steffan Tomlinson - Nov 11, 2021 Form 4 Insider Report for Confluent, Inc. (CFLT)

Signature
/s/ Melanie Vinson, Attorney-in-fact
Stock symbol
CFLT
Transactions as of
Nov 11, 2021
Transactions value $
-$66,992,504
Form type
4
Date filed
11/12/2021, 08:56 PM
Previous filing
Oct 18, 2021
Next filing
Jan 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFLT Class A Common Stock Conversion of derivative security +723K 723K Nov 11, 2021 Direct F1
transaction CFLT Class A Common Stock Sale -$4.28M -48.7K -6.75% $87.85 674K Nov 11, 2021 Direct F2, F3
transaction CFLT Class A Common Stock Sale -$14.9M -169K -25.06% $88.39 505K Nov 11, 2021 Direct F2, F4
transaction CFLT Class A Common Stock Sale -$34.7M -388K -76.8% $89.49 117K Nov 11, 2021 Direct F2, F5
transaction CFLT Class A Common Stock Sale -$7.98M -88.3K -75.34% $90.38 28.9K Nov 11, 2021 Direct F2, F6
transaction CFLT Class A Common Stock Sale -$2.63M -28.9K -100% $91.20 0 Nov 11, 2021 Direct F2, F7
transaction CFLT Class A Common Stock Conversion of derivative security +27.4K 27.4K Nov 12, 2021 Direct F1
transaction CFLT Class A Common Stock Sale -$388K -4.39K -16.01% $88.34 23K Nov 12, 2021 Direct F2, F8
transaction CFLT Class A Common Stock Sale -$843K -9.46K -41.09% $89.20 13.6K Nov 12, 2021 Direct F2, F9
transaction CFLT Class A Common Stock Sale -$644K -7.16K -52.79% $89.94 6.4K Nov 12, 2021 Direct F2, F10
transaction CFLT Class A Common Stock Sale -$182K -2K -31.25% $91.04 4.4K Nov 12, 2021 Direct F2, F11
transaction CFLT Class A Common Stock Sale -$240K -2.6K -59.09% $92.30 1.8K Nov 12, 2021 Direct F2, F12
transaction CFLT Class A Common Stock Sale -$149K -1.6K -88.89% $93.25 200 Nov 12, 2021 Direct F2, F13
transaction CFLT Class A Common Stock Sale -$18.8K -200 -100% $93.82 0 Nov 12, 2021 Direct F2, F14

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
transaction CFLT Stock Option (Right to Buy) Options Exercise $0 -723K -21.85% $0.00 2.58M Nov 11, 2021 Class B Common Stock 723K $6.65 Direct F15
transaction CFLT Class B Common Stock Options Exercise $0 +723K $0.00 723K Nov 11, 2021 Class A Common Stock 723K Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -723K -100% $0.00* 0 Nov 11, 2021 Class A Common Stock 723K Direct F1
transaction CFLT Stock Option (Right to Buy) Options Exercise $0 -27.4K -1.06% $0.00 2.56M Nov 12, 2021 Class B Common Stock 27.4K $6.65 Direct F15
transaction CFLT Class B Common Stock Options Exercise $0 +27.4K $0.00 27.4K Nov 12, 2021 Class A Common Stock 27.4K Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -27.4K -100% $0.00* 0 Nov 12, 2021 Class A Common Stock 27.4K Direct F1
holding CFLT Class B Common Stock 150K Nov 11, 2021 Class A Common Stock 150K By Family Trust F1
* 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 Shares sold pursuant to a 10b5-1 trading plan.
F3 The shares were sold at prices ranging from $87.03 to $88.02. 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.
F4 The shares were sold at prices ranging from $88.03 to $89.02. 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.
F5 The shares were sold at prices ranging from $89.03 to $90.02. 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.
F6 The shares were sold at prices ranging from $90.03 to $91.02. 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.
F7 The shares were sold at prices ranging from $91.03 to $91.50. 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.
F8 The shares were sold at prices ranging from $87.64 to $88.61. 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.
F9 The shares were sold at prices ranging from $88.64 to $89.63. 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.
F10 The shares were sold at prices ranging from $89.65 to $90.62. 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.
F11 The shares were sold at prices ranging from $90.65 to $91.57. 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.
F12 The shares were sold at prices ranging from $91.67 to $92.65. 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.
F13 The shares were sold at prices ranging from $92.81 to $93.77. 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.
F14 The shares were sold at prices ranging from $93.81 to $93.82. 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.
F15 The shares subject to the option are immediately exercisable. 25% of the shares vested on June 15, 2021 and the remainder vest in 36 equal monthly installments thereafter, subject to Reporting Person's continuous service through each such vesting date.