Brad Gerstner - May 16, 2022 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
10%+ Owner
Signature
/s/ Hab Siam, Attorney-in-fact for Bradley Gerstner
Stock symbol
CFLT
Transactions as of
May 16, 2022
Transactions value $
$1,997,688
Form type
4
Date filed
5/18/2022, 04:36 PM
Previous filing
May 9, 2022
Next filing
Jun 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFLT Class A Common Stock Purchase $2M +98.5K +0.69% $20.28 14.4M May 16, 2022 See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A portion of these Class A Common Stock shares are directly owned by Altimeter Partners Fund, L.P. ("APF"), Altimeter Crossover Fund, L.P. ("ACF"), Altimeter Growth Partners Fund IV, L.P. ("AGPF4"), and Altimeter Growth Cascade Fund, L.P. ("AGCF") (collectively, the "Altimeter Entities") in the amounts of 5,608,183, 419,900, 1,679,075, and 6,716,299. Altimeter General Partner, LLC is the general partner of APF, Altimeter Crossover General Partner LLC is the general partner of ACF, Altimeter Growth General Partner IV, LLC is the general partner of AGPF4, and Altimeter Growth Cascade General Partner, LLC is the general partner of AGCF (collectively, the "Altimeter Fund GPs"). (continued in footnote 2)
F2 (continued from footnote 1) Each of the Altimeter Fund GPs have delegated share voting and investment power to Altimeter Capital Management, LP (the "Investment Manager"). The sole general partner of the Investment Manager is Altimeter Capital General Partner, LLC (the "General Partner"), and Bradley Gerstner is the sole managing principal of the Investment Manager and the General Partner and may be deemed to share voting and investment power over these shares.
F3 Because of the relationship between the Investment Manager, the General Partner, and Bradley Gerstner and each of the Altimeter Entities, each of the Altimeter Fund GPs, each of the Investment Manager, the General Partner, and Bradley Gerstner may be deemed to beneficially own the securities reported herein to the extent of its direct or indirect pecuniary interests in the Altimeter Entities and the Altimeter Fund GPs. Each of the Investment Manager, the General Partner, and Bradley Gerstner disclaims any beneficial ownership of the securities held by the Altimeter Entities except to the extent of any pecuniary interest therein.