Katrin Suder - Nov 15, 2022 Form 4 Insider Report for Cloudflare, Inc. (NET)

Role
Director
Signature
/s/ Lindsey Cochran, by power of attorney
Stock symbol
NET
Transactions as of
Nov 15, 2022
Transactions value $
$0
Form type
4
Date filed
11/16/2022, 06:35 PM
Previous filing
Aug 16, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NET Class A Common Stock Conversion of derivative security +7.5K +25.41% 37K Nov 15, 2022 Direct F1

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 NET Restricted Stock Units Options Exercise $0 -7.5K -25% $0.00 22.5K Nov 15, 2022 Class B Common Stock 7.5K Direct F1, F2, F3
transaction NET Class B Common Stock Options Exercise $0 +7.5K $0.00 7.5K Nov 15, 2022 Class A Common Stock 7.5K Direct F1
transaction NET Class B Common Stock Conversion of derivative security $0 -7.5K -100% $0.00* 0 Nov 15, 2022 Class A Common Stock 7.5K Direct F1
* 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 is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.
F2 Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class B Common Stock.
F3 The RSUs vest in 16 equal quarterly installments following August 15, 2019.