Jonathan Chadwick - 25 Feb 2025 Form 4 Insider Report for Confluent, Inc. (CFLT)

Role
Director
Signature
/s/ Melanie Vinson, Attorney-in-Fact
Issuer symbol
CFLT
Transactions as of
25 Feb 2025
Net transactions value
-$1,050,844
Form type
4
Filing time
27 Feb 2025, 18:00:05 UTC
Previous filing
17 Jan 2025
Next filing
19 Mar 2025
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 +34,375 +152% 57,063 25 Feb 2025 Direct F1
transaction CFLT Class A Common Stock Sale $1,050,844 -34,375 -60% $30.57 22,688 25 Feb 2025 Direct 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
transaction CFLT Class B Common Stock Conversion of derivative security $0 -34,375 -6.9% $0.000000 463,250 25 Feb 2025 Class A Common Stock 34,375 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 is also 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 adopted on September 9, 2024.
F3 The shares were sold at prices ranging from $30.00 to $30.88. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.