Edward Jay Kreps - 06 Mar 2023 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role: Chief Executive Officer, Director
Signature: /s/ Melanie Vinson, Attorney-in-fact
Issuer symbol: CFLT
Transactions as of: 06 Mar 2023
Net transactions value: -$6,080,079
Form type: 4
Filing time: 08 Mar 2023, 18:13:07 UTC
Previous filing: 23 Feb 2023
Next filing: 17 May 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		+232,500			232,500	06 Mar 2023	Direct	F1
transaction	CFLT	Class A Common Stock	Sale	$5,593,363	-214,223	-92%	$26.11	18,277	06 Mar 2023	Direct	F2, F3
transaction	CFLT	Class A Common Stock	Sale	$486,717	-18,277	-100%	$26.63	0	06 Mar 2023	Direct	F2, F4

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	Class B Common Stock	Conversion of derivative security	$0	-232,500	-1.2%	$0.000000	18,900,000	06 Mar 2023	Class A Common Stock	232,500		Direct	F1
holding	CFLT	Class B Common Stock						149,984	06 Mar 2023	Class A Common Stock	149,984		See footnote	F1, F5
holding	CFLT	Class B Common Stock						1,000,000	06 Mar 2023	Class A Common Stock	1,000,000		See footnote	F1, F6
holding	CFLT	Class B Common Stock						1,000,000	06 Mar 2023	Class A Common Stock	1,000,000		See footnote	F1, F7

* 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 adopted August 19, 2022.
F3	The shares were sold at prices ranging from $25.59 to $26.58. 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 $26.59 to $26.73. 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 are held by The Edward J. Kreps and Jamaica H. Kreps 2018 Revocable Trust.
F6	The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.
F7	The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.