Key facts
- This page summarizes Stanley J. Meresman's Form 4 filing for Cloudflare, Inc. (NET).
- 9 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 12 May 2022, 16:23.
Stanley J. Meresman - 11 May 2022 Form 4 Insider Report for Cloudflare, Inc. (NET)
- Reporting relationship
- Director
- Issuer ticker
- NET
- Reported as of
- 11 May 2022
- Net transaction value
- -$622,545
- SEC form
- 4
- Accepted by SEC
- 12 May 2022, 16:23:36 UTC
- Prior SEC filing
- 14 Mar 2022
- Next SEC filing
- 20 May 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Lindsey Cochran, by power of attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Stanley J. Meresman filed Form 4 for Cloudflare, Inc. (NET) on 12 May 2022.
Change
- Previous filing in this sequence was filed on 14 Mar 2022.
- Current net transaction value: -$622,545.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- +11,000
- Change %
- +451%
- Price
- Shares after
- 13,441
- Date
- 11 May 2022
- Ownership
- Direct
- Footnotes
- F1
NET
transaction
Class A Common Stock
Sale
- Transaction value
- $277,681
- Shares
- -5,000
- Change %
- -37%
- Price
- $55.54
- Shares after
- 8,441
- Date
- 11 May 2022
- Ownership
- Direct
- Footnotes
- F2, F3
NET
transaction
Class A Common Stock
Sale
- Transaction value
- $182,656
- Shares
- -3,225
- Change %
- -38%
- Price
- $56.64
- Shares after
- 5,216
- Date
- 11 May 2022
- Ownership
- Direct
- Footnotes
- F2, F4
NET
transaction
Class A Common Stock
Sale
- Transaction value
- $57,630
- Shares
- -1,000
- Change %
- -19%
- Price
- $57.63
- Shares after
- 4,216
- Date
- 11 May 2022
- Ownership
- Direct
- Footnotes
- F2, F5
NET
transaction
Class A Common Stock
Sale
- Transaction value
- $70,149
- Shares
- -1,200
- Change %
- -28%
- Price
- $58.46
- Shares after
- 3,016
- Date
- 11 May 2022
- Ownership
- Direct
- Footnotes
- F2, F6
NET
transaction
Class A Common Stock
Sale
- Transaction value
- $34,429
- Shares
- -575
- Change %
- -19%
- Price
- $59.88
- Shares after
- 2,441
- Date
- 11 May 2022
- Ownership
- Direct
- Footnotes
- F2, F7
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NET
transaction
Derivative
Stock Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -11,000
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 33,000
- Date
- 11 May 2022
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 11,000
- Exercise price
- $8.56
- Footnotes
- F1, F8
NET
transaction
Derivative
Class B Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +11,000
- Change %
- Price
- $0.000000
- Shares after
- 11,000
- Date
- 11 May 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 11,000
- Exercise price
- Footnotes
- F1
NET
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -11,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 11 May 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 11,000
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 8 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, 2021.
Footnote F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.08 to $55.98, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) through (7) to this Form 4.
Footnote F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.08 to $57.06, inclusive.
Footnote F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.10 to $57.98, inclusive.
Footnote F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.21 to $58.93, inclusive.
Footnote F7
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.83 to $59.98, inclusive.
Footnote F8
The option is subject to an early exercise provision and is immediately exercisable. Shares subject to the option vest in 16 equal quarterly installments following December 13, 2018.