Erica Schultz - 13 Dec 2022 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
President, Field Operations
Signature
/s/ Melanie Vinson, Attorney-in-fact
Issuer symbol
CFLT
Transactions as of
13 Dec 2022
Net transactions value
-$235,525
Form type
4
Filing time
15 Dec 2022, 19:04:05 UTC
Previous filing
01 Jun 2022
Next filing
06 Feb 2023
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 +9,421 +6.9% 145,153 13 Dec 2022 Direct F1
transaction CFLT Class A Common Stock Sale $235,525 -9,421 -6.5% $25.00 135,732 13 Dec 2022 Direct F2
holding CFLT Class A Common Stock 97,124 13 Dec 2022 See footnote F3
holding CFLT Class A Common Stock 11,500 13 Dec 2022 See footnote F4
holding CFLT Class A Common Stock 77,876 13 Dec 2022 See footnote F5
holding CFLT Class A Common Stock 13,500 13 Dec 2022 See footnote F6
holding CFLT Class A Common Stock 200,000 13 Dec 2022 See footnote F7

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 Stock Option (Right to Buy) Options Exercise $0 -9,421 -0.39% $0.000000 2,420,254 13 Dec 2022 Class B Common Stock 9,421 $3.41 Direct F8
transaction CFLT Class B Common Stock Options Exercise $0 +9,421 $0.000000 9,421 13 Dec 2022 Class A Common Stock 9,421 Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -9,421 -100% $0.000000* 0 13 Dec 2022 Class A Common Stock 9,421 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 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.
F3 The shares are held by The Erica Schultz 2021 Annuity Trust.
F4 The shares are held by The Bryan and Erica Schultz Family Revocable Trust.
F5 The shares are held by the Erica Schultz 2022 Annuity Trust.
F6 The shares are held by The Ruliffson Schultz Extended Family Trust.
F7 The shares are held by The Schultz Family 2021 Irrevocable Beholder Trust.
F8 The shares subject to the option are immediately exercisable. 25% of the shares vested on 10/28/2020 and the remainder vest in 36 equal monthly installments thereafter, subject to Reporting Person's continuous service through each such vesting date.