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

Role
Chief Marketing Officer
Signature
/s/ Melanie Vinson, Attorney-in-fact
Issuer symbol
CFLT
Transactions as of
13 Dec 2022
Net transactions value
-$137,850
Form type
4
Filing time
15 Dec 2022, 19:05:34 UTC
Previous filing
22 Sep 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 +5,514 +14% 44,784 13 Dec 2022 Direct F1
transaction CFLT Class A Common Stock Sale $137,850 -5,514 -12% $25.00 39,270 13 Dec 2022 Direct F2

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 -5,514 -0.44% $0.000000 1,238,365 13 Dec 2022 Class B Common Stock 5,514 $15.68 Direct F3
transaction CFLT Class B Common Stock Options Exercise $0 +5,514 $0.000000 5,514 13 Dec 2022 Class A Common Stock 5,514 Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -5,514 -100% $0.000000* 0 13 Dec 2022 Class A Common Stock 5,514 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 Twenty-five percent of the shares subject to the option vested on 3/8/2022 and the balance of the shares vest monthly thereafter for the following 3 years, subject to the reporting person's continued service as of each such vesting date.