Douglas James Kramer - 01 Jul 2024 Form 4 Insider Report for Cloudflare, Inc. (NET)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Jul 2024, 16:28:28 UTC
Prior SEC filing
04 Jun 2024
Next SEC filing
02 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Lindsey Cochran, by power of attorney

Key filing fact

Douglas James Kramer filed Form 4 for Cloudflare, Inc. (NET) on 02 Jul 2024.

Key facts

  • This page summarizes Douglas James Kramer's Form 4 filing for Cloudflare, Inc. (NET).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 02 Jul 2024, 16:28.

Change

  • Previous filing in this sequence was filed on 04 Jun 2024.
  • Current net transaction value: -$247,950.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NET transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+3,000
Change %
+1.5%
Price
Shares after
198,303
Date
01 Jul 2024
Ownership
Direct
Footnotes
F1
NET transaction

Class A Common Stock

Sale

Transaction value
$247,950
Shares
-3,000
Change %
-1.5%
Price
$82.65
Shares after
195,303
Date
01 Jul 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NET transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-3,000
Change %
-3.6%
Price
$0.000000
Shares after
81,500
Date
01 Jul 2024
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
3,000
Exercise price
$2.04
Footnotes
F1, F3
NET transaction Derivative

Class B Common Stock

Options Exercise

Transaction value
$0
Shares
+3,000
Change %
+3.3%
Price
$0.000000
Shares after
93,675
Date
01 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,000
Exercise price
Footnotes
F1
NET transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-3,000
Change %
-3.2%
Price
$0.000000
Shares after
90,675
Date
01 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,000
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.

Footnote F2

The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29, 2023.

Footnote F3

Shares subject to the option are fully vested and immediately exercisable.

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