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

Role: Chief Marketing Officer
Signature: /s/ Melanie Vinson, Attorney-in-fact
Stock symbol: CFLT
Transactions as of: Dec 13, 2022
Transactions value $: -$137,850
Form type: 4
Date filed: 12/15/2022, 07:05 PM
Previous filing: Sep 22, 2022
Next filing: Feb 6, 2023

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		+5.51K	+14.04%		44.8K	Dec 13, 2022	Direct	F1
transaction	CFLT	Class A Common Stock	Sale	-$138K	-5.51K	-12.31%	$25.00	39.3K	Dec 13, 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	-5.51K	-0.44%	$0.00	1.24M	Dec 13, 2022	Class B Common Stock	5.51K	$15.68	Direct	F3
transaction	CFLT	Class B Common Stock	Options Exercise	$0	+5.51K		$0.00	5.51K	Dec 13, 2022	Class A Common Stock	5.51K		Direct	F1
transaction	CFLT	Class B Common Stock	Conversion of derivative security	$0	-5.51K	-100%	$0.00^*	0	Dec 13, 2022	Class A Common Stock	5.51K		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.