Steffan Tomlinson - Feb 6, 2023 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Chief Financial Officer
Signature
/s/ Melanie Vinson, Attorney-in-fact
Stock symbol
CFLT
Transactions as of
Feb 6, 2023
Transactions value $
-$9,498,770
Form type
4
Date filed
2/8/2023, 08:15 PM
Previous filing
Jan 13, 2023
Next filing
Mar 1, 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 +33.1K +31.13% 140K Feb 6, 2023 Direct F1
transaction CFLT Class A Common Stock Sale -$829K -33.1K -23.74% $25.04 106K Feb 6, 2023 Direct F2, F3
transaction CFLT Class A Common Stock Conversion of derivative security +112K +105.54% 219K Feb 7, 2023 Direct F1
transaction CFLT Class A Common Stock Sale -$2.84M -112K -51.35% $25.27 106K Feb 7, 2023 Direct F2, F4
transaction CFLT Class A Common Stock Conversion of derivative security +228K +214.16% 334K Feb 8, 2023 Direct F1
transaction CFLT Class A Common Stock Sale -$5.83M -228K -68.17% $25.59 106K Feb 8, 2023 Direct F2, 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 Stock Option (Right to Buy) Options Exercise $0 -33.1K -1.31% $0.00 2.5M Feb 6, 2023 Class B Common Stock 33.1K $6.65 Direct F6
transaction CFLT Class B Common Stock Options Exercise $0 +33.1K $0.00 33.1K Feb 6, 2023 Class A Common Stock 33.1K Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -33.1K -100% $0.00* 0 Feb 6, 2023 Class A Common Stock 33.1K Direct F1
transaction CFLT Stock Option (Right to Buy) Options Exercise $0 -112K -4.5% $0.00 2.38M Feb 7, 2023 Class B Common Stock 112K $6.65 Direct F6
transaction CFLT Class B Common Stock Options Exercise $0 +112K $0.00 112K Feb 7, 2023 Class A Common Stock 112K Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -112K -100% $0.00* 0 Feb 7, 2023 Class A Common Stock 112K Direct F1
transaction CFLT Stock Option (Right to Buy) Options Exercise $0 -228K -9.56% $0.00 2.16M Feb 8, 2023 Class B Common Stock 228K $6.65 Direct F6
transaction CFLT Class B Common Stock Conversion of derivative security $0 +228K $0.00 228K Feb 8, 2023 Class A Common Stock 228K Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -228K -100% $0.00* 0 Feb 8, 2023 Class A Common Stock 228K Direct F1
holding CFLT Class B Common Stock 150K Feb 6, 2023 Class A Common Stock 150K By Family Trust 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 were sold at prices ranging from $25.00 to $25.25. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The shares were sold at prices ranging from $25.00 to $25.95. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The shares were sold at prices ranging from $25.15 to $26.10. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The shares subject to the option are immediately exercisable. 25% of the shares vested on June 15, 2021 and the remainder vest in 36 equal monthly installments thereafter, subject to Reporting Person's continuous service through each such vesting date.