Matthew Craig Miller - Feb 13, 2025 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Director
Signature
By: /s/ Jung Yeon Son, by power of attorney for Matthew Craig Miller
Stock symbol
CFLT
Transactions as of
Feb 13, 2025
Transactions value $
$0
Form type
4
Date filed
2/14/2025, 06:34 PM
Previous filing
Dec 16, 2024
SEC
View on sec.gov

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 $0 +506K $0.00 506K Feb 13, 2025 Sequoia Capital Fund Parallel, LLC F1, F3
transaction CFLT Class A Common Stock Other $0 -506K -100% $0.00 0 Feb 13, 2025 Sequoia Capital Fund Parallel, LLC F2, F3
transaction CFLT Class A Common Stock Conversion of derivative security $0 +3.24M $0.00 3.24M Feb 13, 2025 Sequoia Capital Fund, LP F1, F3
transaction CFLT Class A Common Stock Other $0 -3.24M -100% $0.00 0 Feb 13, 2025 Sequoia Capital Fund, LP F2, F3
transaction CFLT Class A Common Stock Other $0 +56 +0.57% $0.00 9.89K Feb 13, 2025 Estate planning vehicle 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 Class B Common Stock Conversion of derivative security $0 -506K -100% $0.00 0 Feb 13, 2025 Class A Common Stock 506K Sequoia Capital Fund Parallel, LLC F1, F3
transaction CFLT Class B Common Stock Conversion of derivative security $0 -3.24M -100% $0.00 0 Feb 13, 2025 Class A Common Stock 3.24M Sequoia Capital Fund, LP F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date. In addition, upon any transfer of shares of Class B Common Stock, each such transferred share will automatically convert into one share of Class A Common Stock, except for certain "Permitted Transfers" described in the Issuer's certificate of incorporation.
F2 Represents a pro rata in-kind distribution of shares of Common Stock of the Issuer to partners or members for no consideration and includes subsequent distributions by general partners or managing members to their respective partners or members.
F3 The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of Sequoia Capital Fund, LP ("SCF") and the managing member of Sequoia Capital Fund Parallel, LLC ("SCFP"). The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.