Jonathan Chadwick - Dec 9, 2024 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Director
Signature
/s/ Melanie Vinson, Attorney-in-Fact
Stock symbol
CFLT
Transactions as of
Dec 9, 2024
Transactions value $
-$1,123,719
Form type
4
Date filed
12/11/2024, 07:00 PM
Previous filing
Oct 31, 2024

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 +34.4K +151.51% 57.1K Dec 9, 2024 Direct F1
transaction CFLT Class A Common Stock Sale -$1.12M -34.4K -60.24% $32.69 22.7K Dec 9, 2024 Direct F2

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 -34.4K -6.46% $0.00 498K Dec 9, 2024 Class A Common Stock 34.4K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 is also 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 on September 9, 2024.