Scott D. Sandell - Jun 14, 2022 Form 4 Insider Report for Cloudflare, Inc. (NET)

Role
Director
Signature
/s/ Louis Citron, attorney-in-fact
Stock symbol
NET
Transactions as of
Jun 14, 2022
Transactions value $
-$99,866
Form type
4
Date filed
6/16/2022, 05:31 PM
Previous filing
Jun 6, 2022
Next filing
Sep 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NET Class A Common Stock Sale -$79.2K -1.94K -32.93% $40.78 3.95K Jun 14, 2022 Direct F1, F2
transaction NET Class A Common Stock Sale -$20.7K -500 -12.65% $41.43 3.45K Jun 14, 2022 Direct F1, F3
holding NET Class A Common Stock 340K Jun 14, 2022 See Note 4 F4
holding NET Class A Common Stock 41K Jun 14, 2022 See Note 5 F5
holding NET Class A Common Stock 37K Jun 14, 2022 See Note 6 F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 25, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.1400 to $41.1399, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.1500 to $42.1499, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
F4 The Reporting Person is the trustee of the SS 2022 CF GRAT dated 3/8/2022, which is the direct beneficial owner of the securities.
F5 The Reporting Person is the trustee of the SS 2021 CF GRAT dated 8/11/2021, which is the direct beneficial owner of the securities.
F6 The Reporting Person is the trustee of the Pendleton 2020 GRAT dated 12/21/2020, which is the direct beneficial owner of the securities.