Steffan Tomlinson - 06 Feb 2023 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Chief Financial Officer
Signature
/s/ Melanie Vinson, Attorney-in-fact
Issuer symbol
CFLT
Transactions as of
06 Feb 2023
Net transactions value
-$9,498,770
Form type
4
Filing time
08 Feb 2023, 20:15:44 UTC
Previous filing
13 Jan 2023
Next filing
01 Mar 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 +33,126 +31% 139,533 06 Feb 2023 Direct F1
transaction CFLT Class A Common Stock Sale $829,475 -33,126 -24% $25.04 106,407 06 Feb 2023 Direct F2, F3
transaction CFLT Class A Common Stock Conversion of derivative security +112,304 +106% 218,711 07 Feb 2023 Direct F1
transaction CFLT Class A Common Stock Sale $2,837,922 -112,304 -51% $25.27 106,407 07 Feb 2023 Direct F2, F4
transaction CFLT Class A Common Stock Conversion of derivative security +227,877 +214% 334,284 08 Feb 2023 Direct F1
transaction CFLT Class A Common Stock Sale $5,831,372 -227,877 -68% $25.59 106,407 08 Feb 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 -33,126 -1.3% $0.000000 2,496,990 06 Feb 2023 Class B Common Stock 33,126 $6.65 Direct F6
transaction CFLT Class B Common Stock Options Exercise $0 +33,126 $0.000000 33,126 06 Feb 2023 Class A Common Stock 33,126 Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -33,126 -100% $0.000000* 0 06 Feb 2023 Class A Common Stock 33,126 Direct F1
transaction CFLT Stock Option (Right to Buy) Options Exercise $0 -112,304 -4.5% $0.000000 2,384,686 07 Feb 2023 Class B Common Stock 112,304 $6.65 Direct F6
transaction CFLT Class B Common Stock Options Exercise $0 +112,304 $0.000000 112,304 07 Feb 2023 Class A Common Stock 112,304 Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -112,304 -100% $0.000000* 0 07 Feb 2023 Class A Common Stock 112,304 Direct F1
transaction CFLT Stock Option (Right to Buy) Options Exercise $0 -227,877 -9.6% $0.000000 2,156,809 08 Feb 2023 Class B Common Stock 227,877 $6.65 Direct F6
transaction CFLT Class B Common Stock Conversion of derivative security $0 +227,877 $0.000000 227,877 08 Feb 2023 Class A Common Stock 227,877 Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -227,877 -100% $0.000000* 0 08 Feb 2023 Class A Common Stock 227,877 Direct F1
holding CFLT Class B Common Stock 150,425 06 Feb 2023 Class A Common Stock 150,425 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.