Neha Narkhede - 14 Feb 2022 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Director
Signature
/s/ Melanie Vinson, Attorney-in-fact
Issuer symbol
CFLT
Transactions as of
14 Feb 2022
Net transactions value
-$15,196,759
Form type
4
Filing time
16 Feb 2022, 20:02:20 UTC
Previous filing
17 Dec 2021
Next filing
06 Jun 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 +125,000 125,000 14 Feb 2022 Direct F1
transaction CFLT Class A Common Stock Sale $1,238,117 -23,286 -19% $53.17 101,714 14 Feb 2022 Direct F2, F3
transaction CFLT Class A Common Stock Sale $4,124,272 -76,333 -75% $54.03 25,381 14 Feb 2022 Direct F2, F4
transaction CFLT Class A Common Stock Sale $526,738 -9,605 -38% $54.84 15,776 14 Feb 2022 Direct F2, F5
transaction CFLT Class A Common Stock Sale $521,678 -9,319 -59% $55.98 6,457 14 Feb 2022 Direct F2, F6
transaction CFLT Class A Common Stock Sale $366,822 -6,457 -100% $56.81 0 14 Feb 2022 Direct F2, F7
transaction CFLT Class A Common Stock Conversion of derivative security +125,000 125,000 15 Feb 2022 Direct F1
transaction CFLT Class A Common Stock Sale $2,680,059 -50,396 -40% $53.18 74,604 15 Feb 2022 Direct F2, F8
transaction CFLT Class A Common Stock Sale $1,340,160 -24,804 -33% $54.03 49,800 15 Feb 2022 Direct F2, F9
transaction CFLT Class A Common Stock Sale $354,898 -6,448 -13% $55.04 43,352 15 Feb 2022 Direct F2, F10
transaction CFLT Class A Common Stock Sale $1,176,070 -21,005 -48% $55.99 22,347 15 Feb 2022 Direct F2, F11
transaction CFLT Class A Common Stock Sale $1,271,497 -22,264 -100% $57.11 83 15 Feb 2022 Direct F2, F12
transaction CFLT Class A Common Stock Sale $4,782 -83 -100% $57.62 0 15 Feb 2022 Direct F2
transaction CFLT Class A Common Stock Conversion of derivative security +27,400 27,400 16 Feb 2022 Direct F1
transaction CFLT Class A Common Stock Sale $1,591,666 -27,400 -100% $58.09 0 16 Feb 2022 Direct F2, F13

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 -125,000 -14% $0.000000 781,768 14 Feb 2022 Class B Common Stock 125,000 $2.24 Direct F14
transaction CFLT Class B Common Stock Options Exercise $0 +125,000 +12% $0.000000 1,208,729 14 Feb 2022 Class A Common Stock 125,000 Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -125,000 -10% $0.000000 1,083,729 14 Feb 2022 Class A Common Stock 125,000 Direct F1
transaction CFLT Stock Option (Right to Buy) Options Exercise $0 -125,000 -16% $0.000000 656,768 15 Feb 2022 Class B Common Stock 125,000 $2.24 Direct F14
transaction CFLT Class B Common Stock Options Exercise $0 +125,000 +12% $0.000000 1,208,729 15 Feb 2022 Class A Common Stock 125,000 Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -125,000 -10% $0.000000 1,083,729 15 Feb 2022 Class A Common Stock 125,000 Direct F1
transaction CFLT Stock Option (Right to Buy) Options Exercise $0 -27,400 -4.2% $0.000000 629,368 16 Feb 2022 Class B Common Stock 27,400 $2.24 Direct F14
transaction CFLT Class B Common Stock Options Exercise $0 +27,400 +2.5% $0.000000 1,111,129 16 Feb 2022 Class A Common Stock 27,400 Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -27,400 -2.5% $0.000000 1,083,729 16 Feb 2022 Class A Common Stock 27,400 Direct 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 10b5-1 trading plan adopted September 15, 2021.
F3 The shares were sold at prices ranging from $52.55 to $53.54. 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 $53.55 to $54.54. 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 $54.55 to $55.54. 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 $55.57 to $56.56. 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 $56.57 to $57.53. 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 $52.61 to $53.60. 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 $53.61 to $54.57. 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.
F10 The shares were sold at prices ranging from $54.61 to $55.60. 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 $55.61 to $56.59. 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 $56.62 to $57.61. 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.
F13 The shares were sold at prices ranging from $58.00 to $58.55. 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 subject to the option are immediately exercisable and vest in 48 equal monthly installments with a vesting commencement date of October 1, 2018, subject to Reporting Person's continuous service through each such vesting date.