Edward Jay Kreps - Jun 23, 2021 Form 3 Insider Report for Confluent, Inc. (CFLT)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Melanie Vinson, Attorney-in-fact
Stock symbol
CFLT
Transactions as of
Jun 23, 2021
Transactions value $
$0
Form type
3
Date filed
6/23/2021, 06:13 PM
Next filing
Nov 16, 2021

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
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 20.8M Direct F1
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 70.7K See footnote F1, F2
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 1M See footnote F1, F3
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 1M See footnote F1, F4
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 279K See footnote F1, F5
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 279K See footnote F1, F6
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 186K See footnote F1, F7
holding CFLT Class B Common Stock Jun 23, 2021 Class A Common Stock 186K See footnote F1, F8
holding CFLT Stock Option (Right to Buy) Jun 23, 2021 Class B Common Stock 1.73M $2.24 Direct F1, F9
holding CFLT Stock Option (Right to Buy) Jun 23, 2021 Class B Common Stock 1.73M $2.24 Direct F1, F10
holding CFLT Stock Option (Right to Buy) Jun 23, 2021 Class B Common Stock 2.35M $15.68 Direct F1, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock.
F2 The shares are held by The Edward J. Kreps and Jamaica H. Kreps 2018 Revocable Trust.
F3 The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.
F4 The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.
F5 The shares are held by The Parent's 2019 Grantor Retained Annuity Trust - I under agreement dated September 26, 2019.
F6 The shares are held by The Parent's 2019 Grantor Retained Annuity Trust - II under agreement dated September 26, 2019.
F7 The shares are held by The Siblings' 2019 Grantor Retained Annuity Trust - I under agreement dated September 26, 2019.
F8 The shares are held by The Siblings' 2019 Grantor Retained Annuity Trust - II under agreement dated September 26, 2019.
F9 The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments with a vesting commencement date of October 1, 2018, subject to Reporting Person's continuous service through each such vesting date.
F10 The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments with a vesting commencement date of June 23, 2021, subject to Reporting Person's continuous service through each such vesting date.
F11 The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments with a vesting commencement date of March 19, 2021, subject to Reporting Person's continuous service through each such vesting date.