Edward Jay Kreps - 07 Mar 2022 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Melanie Vinson, Attorney-in-fact
Issuer symbol
CFLT
Transactions as of
07 Mar 2022
Net transactions value
-$8,435,052
Form type
4
Filing time
09 Mar 2022, 20:05:53 UTC
Previous filing
24 Feb 2022
Next filing
14 Nov 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 +2,403 2,403 07 Mar 2022 Direct F1
transaction CFLT Class A Common Stock Sale $87,133 -2,403 -100% $36.26 0 07 Mar 2022 Direct F2, F3
transaction CFLT Class A Common Stock Conversion of derivative security +230,097 230,097 09 Mar 2022 Direct F1
transaction CFLT Class A Common Stock Sale $8,347,919 -230,097 -100% $36.28 0 09 Mar 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 -2,403 -0.01% $0.000000 20,060,097 07 Mar 2022 Class A Common Stock 2,403 Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -230,097 -1.1% $0.000000 19,830,000 09 Mar 2022 Class A Common Stock 230,097 Direct F1
holding CFLT Class B Common Stock 275,073 07 Mar 2022 Class A Common Stock 275,073 See footnote F1, F5
holding CFLT Class B Common Stock 275,073 07 Mar 2022 Class A Common Stock 275,073 See footnote F1, F6
holding CFLT Class B Common Stock 183,382 07 Mar 2022 Class A Common Stock 183,382 See footnote F1, F7
holding CFLT Class B Common Stock 183,382 07 Mar 2022 Class A Common Stock 183,382 See footnote F1, F8
holding CFLT Class B Common Stock 83,090 07 Mar 2022 Class A Common Stock 83,090 See footnote F1, F9
holding CFLT Class B Common Stock 1,000,000 07 Mar 2022 Class A Common Stock 1,000,000 See footnote F1, F10
holding CFLT Class B Common Stock 1,000,000 07 Mar 2022 Class A Common Stock 1,000,000 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.