Steffan Tomlinson - Nov 11, 2022 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Chief Financial Officer
Signature
/s/ Melanie Vinson, Attorney-in-fact
Stock symbol
CFLT
Transactions as of
Nov 11, 2022
Transactions value $
-$384,825
Form type
4
Date filed
11/15/2022, 07:01 PM
Previous filing
Oct 14, 2022
Next filing
Dec 15, 2022

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 +15.4K +14.47% 122K Nov 11, 2022 Direct F1
transaction CFLT Class A Common Stock Sale -$385K -15.4K -12.64% $25.00 106K Nov 11, 2022 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 Stock Option (Right to Buy) Options Exercise $0 -15.4K -0.6% $0.00 2.54M Nov 11, 2022 Class B Common Stock 15.4K $6.65 Direct F3
transaction CFLT Class B Common Stock Options Exercise $0 +15.4K $0.00 15.4K Nov 12, 2022 Class A Common Stock 15.4K Direct F1
transaction CFLT Class B Common Stock Conversion of derivative security $0 -15.4K -100% $0.00* 0 Nov 12, 2022 Class A Common Stock 15.4K Direct F1
holding CFLT Class B Common Stock 150K Nov 11, 2022 Class A Common Stock 150K By Family Trust F1
* 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 Shares sold pursuant to a 10b5-1 trading plan.
F3 The shares subject to the option are immediately exercisable. 25% of the shares vested on June 15, 2021 and the remainder vest in 36 equal monthly installments thereafter, subject to Reporting Person's continuous service through each such vesting date.