Edward Jay Kreps - Feb 22, 2022 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Brianna Murray, Attorney-in-fact
Stock symbol
CFLT
Transactions as of
Feb 22, 2022
Transactions value $
-$10,326,485
Form type
4
Date filed
2/24/2022, 07:03 PM
Previous filing
Dec 6, 2021
Next filing
Mar 9, 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 +233K 233K Feb 22, 2022 Direct F1
transaction CFLT Class A Common Stock Sale -$2.24M -52K -22.35% $43.15 181K Feb 22, 2022 Direct F2, F3
transaction CFLT Class A Common Stock Sale -$3.42M -78K -43.18% $43.92 103K Feb 22, 2022 Direct F2, F4
transaction CFLT Class A Common Stock Sale -$2.97M -65.7K -64.1% $45.11 36.8K Feb 22, 2022 Direct F2, F5
transaction CFLT Class A Common Stock Sale -$1.44M -31.3K -85.01% $45.89 5.52K Feb 22, 2022 Direct F2, F6
transaction CFLT Class A Common Stock Sale -$258K -5.52K -100% $46.67 0 Feb 22, 2022 Direct F2, F7

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 Class B Common Stock Conversion of derivative security $0 -233K -1.15% $0.00 20.1M Feb 22, 2022 Class A Common Stock 233K Direct F1
holding CFLT Class B Common Stock 275K Feb 22, 2022 Class A Common Stock 275K See footnote F1, F8
holding CFLT Class B Common Stock 275K Feb 22, 2022 Class A Common Stock 275K See footnote F1, F9
holding CFLT Class B Common Stock 183K Feb 22, 2022 Class A Common Stock 183K See footnote F1, F10
holding CFLT Class B Common Stock 183K Feb 22, 2022 Class A Common Stock 183K See footnote F1, F11
holding CFLT Class B Common Stock 83.1K Feb 22, 2022 Class A Common Stock 83.1K See footnote F1, F12
holding CFLT Class B Common Stock 1M Feb 22, 2022 Class A Common Stock 1M See footnote F1, F13
holding CFLT Class B Common Stock 1M Feb 22, 2022 Class A Common Stock 1M See footnote F1, F14
* 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 adopted August 24, 2021.
F3 The shares were sold at prices ranging from $42.57 to $43.56. 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.
F4 The shares were sold at prices ranging from $43.57 to $44.54. 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 $44.57 to $45.56. 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.
F6 The shares were sold at prices ranging from $45.57 to $46.52. 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 $46.57 to $46.84. 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 are held by The Parent's 2019 Grantor Retained Annuity Trust - I under agreement dated September 26, 2019.
F9 The shares are held by The Parent's 2019 Grantor Retained Annuity Trust - II under agreement dated September 26, 2019.
F10 The shares are held by The Siblings' 2019 Grantor Retained Annuity Trust - I under agreement dated September 26, 2019.
F11 The shares are held by The Siblings' 2019 Grantor Retained Annuity Trust - II under agreement dated September 26, 2019.
F12 The shares are held by The Edward J. Kreps and Jamaica H. Kreps 2018 Revocable Trust.
F13 The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.
F14 The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.