Matthew Prince - Nov 25, 2024 Form 4 Insider Report for Cloudflare, Inc. (NET)

Role
CEO & Chair of the Board, Director, 10%+ Owner
Signature
/s/ Lindsey Cochran, by power of attorney
Stock symbol
NET
Transactions as of
Nov 25, 2024
Transactions value $
$0
Form type
4
Date filed
11/26/2024, 04:28 PM
Previous filing
Nov 19, 2024
Next filing
Dec 20, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NET Class A Common Stock Conversion of derivative security +9.58K +89% 20.3K Nov 25, 2024 See footnote F1, F2
transaction NET Class A Common Stock Gift $0 -9.58K -47.09% $0.00 10.8K Nov 25, 2024 See footnote F2
holding NET Class A Common Stock 173K Nov 25, 2024 Direct

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 NET Class B Common Stock Conversion of derivative security $0 -9.58K -0.11% $0.00 8.33M Nov 25, 2024 Class A Common Stock 9.58K See footnote F1, F2
holding NET Class B Common Stock 6.93M Nov 25, 2024 Class A Common Stock 6.93M See footnote F1, F3
holding NET Class B Common Stock 1.06M Nov 25, 2024 Class A Common Stock 1.06M See footnote F1, F4
holding NET Class B Common Stock 2.05M Nov 25, 2024 Class A Common Stock 2.05M See footnote F1, F5
holding NET Class B Common Stock 2.37M Nov 25, 2024 Class A Common Stock 2.37M See footnote F1, F6
holding NET Class B Common Stock 4M Nov 25, 2024 Class A Common Stock 4M See footnote F1, F7
holding NET Class B Common Stock 4M Nov 25, 2024 Class A Common Stock 4M See footnote F1, F8
* 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 is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.
F2 The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee.
F3 The shares are held of record by The Prince Family Nonexempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.
F4 The shares are held of record by The Prince Family Exempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.
F5 The shares are held of record by The Matthew Prince 2023 Grantor Retained Annuity Trust UA 05/22/2023, for which the reporting person serves as co-trustee and investment advisor.
F6 The shares are held of record by The Matthew Prince 2023 Grantor Retained Annuity Trust 2 UA 08/14/2023, for which the reporting person serves as co-trustee and investment advisor.
F7 The shares are held of record by The Matthew Prince 2024 Grantor Retained Annuity Trust UA 05/20/2024, for which the reporting person serves as co-trustee and investment advisor.
F8 The shares are held of record by The Matthew Prince 2024 Grantor Retained Annuity Trust 2 UA 08/20/2024, for which the reporting person serves as co-trustee and investment advisor.