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

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Brianna Murray, Attorney-in-fact
Issuer symbol
CFLT
Transactions as of
22 Feb 2022
Net transactions value
-$10,326,485
Form type
4
Filing time
24 Feb 2022, 19:03:35 UTC
Previous filing
06 Dec 2021
Next filing
09 Mar 2022
SEC
View on sec.gov

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 +232,500 232,500 22 Feb 2022 Direct F1
transaction CFLT Class A Common Stock Sale $2,242,419 -51,968 -22% $43.15 180,532 22 Feb 2022 Direct F2, F3
transaction CFLT Class A Common Stock Sale $3,423,740 -77,954 -43% $43.92 102,578 22 Feb 2022 Direct F2, F4
transaction CFLT Class A Common Stock Sale $2,965,937 -65,749 -64% $45.11 36,829 22 Feb 2022 Direct F2, F5
transaction CFLT Class A Common Stock Sale $1,436,770 -31,309 -85% $45.89 5,520 22 Feb 2022 Direct F2, F6
transaction CFLT Class A Common Stock Sale $257,618 -5,520 -100% $46.67 0 22 Feb 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 -232,500 -1.1% $0.000000 20,062,500 22 Feb 2022 Class A Common Stock 232,500 Direct F1
holding CFLT Class B Common Stock 275,073 22 Feb 2022 Class A Common Stock 275,073 See footnote F1, F8
holding CFLT Class B Common Stock 275,073 22 Feb 2022 Class A Common Stock 275,073 See footnote F1, F9
holding CFLT Class B Common Stock 183,382 22 Feb 2022 Class A Common Stock 183,382 See footnote F1, F10
holding CFLT Class B Common Stock 183,382 22 Feb 2022 Class A Common Stock 183,382 See footnote F1, F11
holding CFLT Class B Common Stock 83,090 22 Feb 2022 Class A Common Stock 83,090 See footnote F1, F12
holding CFLT Class B Common Stock 1,000,000 22 Feb 2022 Class A Common Stock 1,000,000 See footnote F1, F13
holding CFLT Class B Common Stock 1,000,000 22 Feb 2022 Class A Common Stock 1,000,000 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.