Brad Gerstner - Mar 4, 2022 Form 3 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: Mar 4, 2022
Transactions value $: $0
Form type: 3
Date filed: 3/9/2022, 05:03 PM
Previous filing: Jun 14, 2021
Next filing: Mar 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CFLT	Class A Common Stock						4.93M	Mar 4, 2022	See Footnote	F1, F2, F3

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							Mar 4, 2022	Class A Common Stock	8.4M	$0.00	See Footnote	F1, F2, F3, F4

* 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") and Altimeter Crossover Fund, L.P. ("ACF") in the amounts of 4,850,000 and 80,000. A portion of these Class B Common Stock shares are directly owned by Altimeter Growth Partners Fund IV, L.P. ("AGPF IV") and Altimeter Growth Cascade Fund, L.P. ("AGCF") (collectively, the "Altimeter Entities") in the amounts of 1,679,075 and 6,716,299.
F2	Altimeter General Partner, LLC is the general partner of APF, Altimeter Crossover General Partner LLC is the general partner of ACF, Altimeter Growth Partners General Partner IV LLC is the general partner of AGPF IV, and Altimeter Growth Cascade General Partner LLC is the general partner of AGCF (collectively, the "Altimeter Fund GPs"). 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 the Altimeter Entities and 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.
F4	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.