Edward Jay Kreps - Mar 7, 2022 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Melanie Vinson, Attorney-in-fact
Stock symbol
CFLT
Transactions as of
Mar 7, 2022
Transactions value $
-$8,435,052
Form type
4
Date filed
3/9/2022, 08:05 PM
Previous filing
Feb 24, 2022
Next filing
Nov 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 +2.4K 2.4K Mar 7, 2022 Direct F1
transaction CFLT Class A Common Stock Sale -$87.1K -2.4K -100% $36.26 0 Mar 7, 2022 Direct F2, F3
transaction CFLT Class A Common Stock Conversion of derivative security +230K 230K Mar 9, 2022 Direct F1
transaction CFLT Class A Common Stock Sale -$8.35M -230K -100% $36.28 0 Mar 9, 2022 Direct F2, F4

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 -2.4K -0.01% $0.00 20.1M Mar 7, 2022 Class A Common Stock 2.4K Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -230K -1.15% $0.00 19.8M Mar 9, 2022 Class A Common Stock 230K Direct F1
holding CFLT Class B Common Stock 275K Mar 7, 2022 Class A Common Stock 275K See footnote F1, F5
holding CFLT Class B Common Stock 275K Mar 7, 2022 Class A Common Stock 275K See footnote F1, F6
holding CFLT Class B Common Stock 183K Mar 7, 2022 Class A Common Stock 183K See footnote F1, F7
holding CFLT Class B Common Stock 183K Mar 7, 2022 Class A Common Stock 183K See footnote F1, F8
holding CFLT Class B Common Stock 83.1K Mar 7, 2022 Class A Common Stock 83.1K See footnote F1, F9
holding CFLT Class B Common Stock 1M Mar 7, 2022 Class A Common Stock 1M See footnote F1, F10
holding CFLT Class B Common Stock 1M Mar 7, 2022 Class A Common Stock 1M See footnote F1, F11
* 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 $36.01 to $36.56. 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 $36.01 to $36.98. 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 are held by The Parent's 2019 Grantor Retained Annuity Trust - I under agreement dated September 26, 2019.
F6 The shares are held by The Parent's 2019 Grantor Retained Annuity Trust - II under agreement dated September 26, 2019.
F7 The shares are held by The Siblings' 2019 Grantor Retained Annuity Trust - I under agreement dated September 26, 2019.
F8 The shares are held by The Siblings' 2019 Grantor Retained Annuity Trust - II under agreement dated September 26, 2019.
F9 The shares are held by The Edward J. Kreps and Jamaica H. Kreps 2018 Revocable Trust.
F10 The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.
F11 The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.