Scott D. Sandell - Nov 14, 2023 Form 4 Insider Report for Cloudflare, Inc. (NET)

Role
Director
Signature
/s/ Louis Citron, attorney-in-fact
Stock symbol
NET
Transactions as of
Nov 14, 2023
Transactions value $
$0
Form type
4
Date filed
11/16/2023, 06:30 PM
Previous filing
Nov 7, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NET Class A Common Stock Gift $0 -10.3K -4.24% $0.00 232K Nov 14, 2023 See Note 2 F1, F2
holding NET Class A Common Stock 41K Nov 14, 2023 See Note 3 F3
holding NET Class A Common Stock 37K Nov 14, 2023 See Note 4 F4
holding NET Class A Common Stock 113K Nov 14, 2023 See Note 5 F5
holding NET Class A Common Stock 6.33K Nov 14, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Blue Mountain Trust, dated April 29, 2019 (the "Blue Mountain Trust"), made a gift of shares to a donor-advised charitable gift fund.
F2 The Reporting Person is the trustee of the Blue Mountain Trust, which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by the Blue Mountain Trust in which the Reporting Person has no pecuniary interest.
F3 The Reporting Person is the trustee of the SS 2022 CF GRAT 2 dated 12/6/2022, which is the direct beneficial owner of the securities.
F4 The Reporting Person is the trustee of the Pendleton 2020 GRAT, which is the direct beneficial owner of the securities.
F5 The Reporting Person is the trustee of the SS 2023 CF GRAT dated 5/16/2023, which is the direct beneficial owner of the securities.