Steffan Tomlinson - Dec 13, 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: Dec 13, 2022
Transactions value $: -$282,500
Form type: 4
Date filed: 12/15/2022, 07:03 PM
Previous filing: Nov 15, 2022
Next filing: Jan 13, 2023

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		+11.3K	+10.62%		118K	Dec 13, 2022	Direct	F1
transaction	CFLT	Class A Common Stock	Sale	-$283K	-11.3K	-9.6%	$25.00	106K	Dec 13, 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	-11.3K	-0.44%	$0.00	2.53M	Dec 13, 2022	Class B Common Stock	11.3K	$6.65	Direct	F3
transaction	CFLT	Class B Common Stock	Options Exercise	$0	+11.3K		$0.00	11.3K	Dec 13, 2022	Class A Common Stock	11.3K		Direct	F1
transaction	CFLT	Class B Common Stock	Conversion of derivative security	$0	-11.3K	-100%	$0.00^*	0	Dec 13, 2022	Class A Common Stock	11.3K		Direct	F1
holding	CFLT	Class B Common Stock						150K	Dec 13, 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.