Edward Jay Kreps - 09 Nov 2022 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Chief Executive Officer, Director
Signature
/s/ Melanie Vinson, Attorney-in-fact
Issuer symbol
CFLT
Transactions as of
09 Nov 2022
Net transactions value
$0
Form type
4
Filing time
14 Nov 2022, 20:01:42 UTC
Previous filing
09 Mar 2022
Next filing
18 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 +255,005 255,005 09 Nov 2022 See footnote F1, F2
transaction CFLT Class A Common Stock Conversion of derivative security +255,005 255,005 09 Nov 2022 See footnote F1, F3
transaction CFLT Class A Common Stock Conversion of derivative security +170,003 170,003 09 Nov 2022 See footnote F1, F4
transaction CFLT Class A Common Stock Conversion of derivative security +170,003 170,003 09 Nov 2022 See footnote F1, F5
transaction CFLT Class A Common Stock Gift $0 -255,005 -100% $0.000000* 0 09 Nov 2022 See footnote F2
transaction CFLT Class A Common Stock Gift $0 -255,005 -100% $0.000000* 0 09 Nov 2022 See footnote F3
transaction CFLT Class A Common Stock Gift $0 -170,003 -100% $0.000000* 0 09 Nov 2022 See footnote F4
transaction CFLT Class A Common Stock Gift $0 -170,003 -100% $0.000000* 0 09 Nov 2022 See footnote F5

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 -255,005 -100% $0.000000* 0 09 Nov 2022 Class A Common Stock 255,005 See footnote F1, F2
transaction CFLT Class B Common Stock Conversion of derivative security $0 -255,005 -100% $0.000000* 0 09 Nov 2022 Class A Common Stock 255,005 See footnote F1, F3
transaction CFLT Class B Common Stock Conversion of derivative security $0 -170,003 -100% $0.000000* 0 09 Nov 2022 Class A Common Stock 170,003 See footnote F1, F4
transaction CFLT Class B Common Stock Conversion of derivative security $0 -170,003 -100% $0.000000* 0 09 Nov 2022 Class A Common Stock 170,003 See footnote F1, F5
holding CFLT Class B Common Stock 19,830,000 09 Nov 2022 Class A Common Stock 19,830,000 Direct F1
holding CFLT Class B Common Stock 149,984 09 Nov 2022 Class A Common Stock 149,984 See footnote F1, F6
holding CFLT Class B Common Stock 1,000,000 09 Nov 2022 Class A Common Stock 1,000,000 See footnote F1, F7
holding CFLT Class B Common Stock 1,000,000 09 Nov 2022 Class A Common Stock 1,000,000 See footnote F1, F8
* 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 The shares are held by The Parent's 2019 Grantor Retained Annuity Trust - I under agreement dated September 26, 2019.
F3 The shares are held by The Parent's 2019 Grantor Retained Annuity Trust - II under agreement dated September 26, 2019.
F4 The shares are held by The Siblings' 2019 Grantor Retained Annuity Trust - I under agreement dated September 26, 2019.
F5 The shares are held by The Siblings' 2019 Grantor Retained Annuity Trust - II under agreement dated September 26, 2019.
F6 The shares are held by The Edward J. Kreps and Jamaica H. Kreps 2018 Revocable Trust. On November 9, 2022, an aggregate of 66,894 shares of Class B Common Stock was transferred to The Edward J. Kreps and Jamaica H. Kreps 2018 Revocable Trust in the form of annuity payments from The Parent's 2019 Grantor Retained Annuity Trust - I, The Parent's 2019 Grantor Retained Annuity Trust - II, The Siblings' Grantor Retained Annuity Trust - I and The Siblings' Grantor Retained Annuity Trust - II.
F7 The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.
F8 The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.