Filing Details
- Accession Number:
- 0001104659-22-021477
- Form Type:
- 13G Filing
- Publication Date:
- 2022-02-13 19:00:00
- Filed By:
- Benchmark Capital Partners Viii, L.p.
- Company:
- Confluent Inc.
- Filing Date:
- 2022-02-14
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Benchmark Capital Partners VIII | 15,856,839 | 21,886,032 | 15,856,839 | 21,886,032 | 15,856,839 | 18.6% |
Benchmark Founders Fund VIII | 2,523,150 | 21,886,032 | 2,523,150 | 21,886,032 | 2,523,150 | 3.5% |
Benchmark Founders Fund VIII -B | 3,506,043 | 21,886,032 | 3,506,043 | 21,886,032 | 3,506,043 | 4.8% |
Benchmark Capital Management Co. VIII | 21,886,032 | 21,886,032 | 21,886,032 | 21,886,032 | 21,886,032 | 23.9% |
Matthew R. Cohler | 1,509,420 | 21,886,032 | 1,509,420 | 21,886,032 | 23,395,452 | 25.2% |
Peter Fenton | 1,142,677 | 21,886,032 | 1,142,677 | 21,886,032 | 23,028,709 | 24.9% |
J. William Gurley | 1,337,597 | 21,886,032 | 1,337,597 | 21,886,032 | 23,223,629 | 25.0% |
An-Yen Hu | 11,952 | 21,886,032 | 11,952 | 21,886,032 | 21,897,984 | 23.9% |
Mitchell H. Lasky | 1,476,833 | 1,476,833 | 23,362,865 | 25.1% | ||
Chetan Puttagunta | 181,805 | 181,805 | 22,067,837 | 24.1% | ||
Sarah E. Tavel | 950,611 | 950,611 | 22,836,643 | 24.7% | ||
Eric Vishria | 1,445,792 | 1,445,792 | 23,331,824 | 25.1% |
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No. )*
Confluent, Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
20717M103
(CUSIP Number)
December 31, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ | Rule 13d-1(b) |
¨ | Rule 13d-1(c) |
x | Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
(Continued on following pages)
Page 1 of 18 Pages
Exhibit Index Contained on Page 17
CUSIP NO. 20717M103 | 13 G | Page 2 of 18 |
1 | NAME OF REPORTING PERSON Benchmark Capital Partners VIII, L.P. (“BCP VIII”) | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION Delaware | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 15,856,839 shares*, except that Benchmark Capital Management Co. VIII, L.L.C. (“BCMC VIII”), the general partner of BCP VIII, may be deemed to have sole power to vote these shares, and Matthew R. Cohler (“Cohler”), Peter Fenton (“Fenton”), J. William Gurley (“Gurley”), An-Yen Hu (“Hu”), Mitchell H. Lasky (“Lasky”), Chetan Puttagunta (“Puttagunta”), Sarah E. Tavel (“Tavel”) and Eric Vishria (“Vishria”), the members of BCMC VIII, may be deemed to have shared power to vote these shares. | ||
6 | SHARED
VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 15,856,839 shares*, except that BCMC VIII, the general partner of BCP VIII, may be deemed to have sole power to dispose of these shares, and Cohler, Fenton, Gurley, Hu, Lasky, Puttagunta, Tavel and Vishria, the members of BCMC VIII, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED
DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 15,856,839 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 18.6% | ||
12 | TYPE OF REPORTING PERSON | PN | ||
*Represents 15,856,839 shares of Class B Common Stock held directly by BCP VIII. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 15,856,839 shares of Class B Common Stock held by BCP VIII). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 6.0%.
CUSIP NO. 20717M103 | 13 G | Page 3 of 18 |
1 | NAME OF REPORTING PERSON Benchmark Founders’ Fund VIII, L.P. (“BFF VIII”) | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION Delaware | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 2,523,150 shares*, except that BCMC VIII, the general partner of BFF VIII, may be deemed to have sole power to vote these shares, and Cohler, Fenton, Gurley, Hu, Lasky, Puttagunta, Tavel and Vishria, the members of BCMC VIII, may be deemed to have shared power to vote these shares. | ||
6 | SHARED
VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 2,523,150 shares*, except that BCMC VIII, the general partner of BFF VIII, may be deemed to have sole power to dispose of these shares, and Cohler, Fenton, Gurley, Hu, Lasky, Puttagunta, Tavel and Vishria, the members of BCMC VIII, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED
DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 2,523,150 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 3.5% | ||
12 | TYPE OF REPORTING PERSON | PN | ||
*Represents 2,523,150 shares of Class B Common Stock held directly by BFF VIII. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 2,523,150 shares of Class B Common Stock held by BFF VIII). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 1.0%.
CUSIP NO. 20717M103 | 13 G | Page 4 of 18 |
1 | NAME OF REPORTING PERSON Benchmark Founders’ Fund VIII -B, L.P. (“BFF VIII -B”) | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION Delaware | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 3,506,043 shares*, except that BCMC VIII, the general partner of BFF VIII -B, may be deemed to have sole power to vote these shares, and Cohler, Fenton, Gurley, Hu, Lasky, Puttagunta, Tavel and Vishria, the members of BCMC VIII, may be deemed to have shared power to vote these shares. | ||
6 | SHARED
VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 3,506,043 shares*, except that BCMC VIII, the general partner of BFF VIII -B, may be deemed to have sole power to dispose of these shares, and Cohler, Fenton, Gurley, Hu, Lasky, Puttagunta, Tavel and Vishria, the members of BCMC VIII, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED
DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 3,506,043 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 4.8% | ||
12 | TYPE OF REPORTING PERSON | PN | ||
*Represents 3,506,043 shares of Class B Common Stock held directly by BFF VIII-B. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 3,506,043 shares of Class B Common Stock held by BFF VIII-B). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 1.3%.
CUSIP NO. 20717M103 | 13 G | Page 5 of 18 |
1 | NAME OF REPORTING PERSON Benchmark Capital Management Co. VIII, L.L.C. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION Delaware | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, may be deemed to have sole power to vote these shares, and Cohler, Fenton, Gurley, Hu, Lasky, Puttagunta, Tavel and Vishria, the members of BCMC VIII, may be deemed to have shared power to vote these shares. | ||
6 | SHARED
VOTING POWER See response to row 5. | |||
7 | SOLE DISPOSITIVE POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, may be deemed to have sole power to dispose of these shares, and Cohler, Fenton, Gurley, Hu, Lasky, Puttagunta, Tavel and Vishria, the members of BCMC VIII, may be deemed to have shared power to dispose of these shares. | |||
8 | SHARED
DISPOSITIVE POWER See response to row 7. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 21,886,032 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 23.9% | ||
12 | TYPE OF REPORTING PERSON | OO | ||
*Represents an aggregate of 21,886,032 shares of Class B Common Stock held directly by BCP VIII, BFF VIII and BFF VIII-B, respectively. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 21,886,032 shares of Class B Common Stock held in aggregate by BCP VIII, BFF VIII and BFF VIII-B respectively). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 8.3%.
CUSIP NO. 20717M103 | 13 G | Page 6 of 18 |
1 | NAME OF REPORTING PERSON Matthew R. Cohler | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION U.S. Citizen | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 1,509,420 shares | ||
6 | SHARED
VOTING POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, may be deemed to have sole power to vote these shares, and Cohler, a member of BCMC VIII, may be deemed to have shared power to vote these shares. | |||
7 | SOLE DISPOSITIVE POWER 1,509,420 shares | |||
8 | SHARED
DISPOSITIVE POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, may be deemed to have sole power to vote these shares, and Cohler, a member of BCMC VIII, may be deemed to have shared power to dispose of these shares. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 23,395,452 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 25.2% | ||
12 | TYPE OF REPORTING PERSON | IN | ||
*Represents an aggregate of 21,886,032 shares of Class B Common Stock held directly by BCP VIII, BFF VIII and BFF VIII-B, respectively. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 21,886,032 shares of Class B Common Stock held in aggregate by BCP VIII, BFF VIII and BFF VIII-B respectively). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 8.8%.
CUSIP NO. 20717M103 | 13 G | Page 7 of 18 |
1 | NAME OF REPORTING PERSON Peter Fenton | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION U.S. Citizen | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 1,142,677 shares | ||
6 | SHARED
VOTING POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Fenton, a member of BCMC VIII, may be deemed to have shared power to vote these shares. | |||
7 | SOLE DISPOSITIVE POWER 1,142,677 shares | |||
8 | SHARED
DISPOSITIVE POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Fenton, a member of BCMC VIII, may be deemed to have shared power to dispose of these shares. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 23,028,709 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 24.9% | ||
12 | TYPE OF REPORTING PERSON | IN | ||
*Represents an aggregate of 21,886,032 shares of Class B Common Stock held directly by BCP VIII, BFF VIII and BFF VIII-B, respectively. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 21,886,032 shares of Class B Common Stock held in aggregate by BCP VIII, BFF VIII and BFF VIII-B respectively). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 8.7%.
CUSIP NO. 20717M103 | 13 G | Page 8 of 18 |
1 | NAME OF REPORTING PERSON J. William Gurley | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION U.S. Citizen | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 1,337,597 shares | ||
6 | SHARED
VOTING POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Gurley, a member of BCMC VIII, may be deemed to have shared power to vote these shares. | |||
7 | SOLE DISPOSITIVE POWER 1,337,597 shares | |||
8 | SHARED
DISPOSITIVE POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Gurley, a member of BCMC VIII, may be deemed to have shared power to dispose of these shares. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 23,223,629 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 25.0% | ||
12 | TYPE OF REPORTING PERSON | IN | ||
*Represents an aggregate of 21,886,032 shares of Class B Common Stock held directly by BCP VIII, BFF VIII and BFF VIII-B, respectively. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 21,886,032 shares of Class B Common Stock held in aggregate by BCP VIII, BFF VIII and BFF VIII-B respectively). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 8.8%.
CUSIP NO. 20717M103 | 13 G | Page 9 of 18 |
1 | NAME OF REPORTING PERSON An-Yen Hu | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION U.S. Citizen | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 11,952 shares | ||
6 | SHARED
VOTING POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Hu, a member of BCMC VIII may be deemed to have shared power to vote these shares. | |||
7 | SOLE DISPOSITIVE POWER 11,952 shares | |||
8 | SHARED
DISPOSITIVE POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Hu, a member of BCMC VIII may be deemed to have shared power to dispose of these shares. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 21,897,984 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 23.9% | ||
12 | TYPE OF REPORTING PERSON | IN | ||
*Represents an aggregate of 21,886,032 shares of Class B Common Stock held directly by BCP VIII, BFF VIII and BFF VIII-B, respectively. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 21,886,032 shares of Class B Common Stock held in aggregate by BCP VIII, BFF VIII and BFF VIII-B respectively). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 8.3%.
CUSIP NO. 20717M103 | 13 G | Page 10 of 18 |
1 | NAME OF REPORTING PERSON Mitchell H. Lasky | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION U.S. Citizen | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 1,476,833 shares | ||
6 | SHARED
VOTING POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Lasky, a member of BCMC VIII may be deemed to have shared power to vote these shares. | |||
7 | SOLE DISPOSITIVE POWER 1,476,833 shares | |||
8 | SHARED
DISPOSITIVE POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Lasky, a member of BCMC VIII may be deemed to have shared power to dispose of these shares. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 23,362,865 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 25.1% | ||
12 | TYPE OF REPORTING PERSON | IN | ||
*Represents an aggregate of 21,886,032 shares of Class B Common Stock held directly by BCP VIII, BFF VIII and BFF VIII-B, respectively. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 21,886,032 shares of Class B Common Stock held in aggregate by BCP VIII, BFF VIII and BFF VIII-B respectively). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 8.8%.
CUSIP NO. 20717M103 | 13 G | Page 11 of 18 |
1 | NAME OF REPORTING PERSON Chetan Puttagunta | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION U.S. Citizen | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 181,805 shares | ||
6 | SHARED
VOTING POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Puttagunta, a member of BCMC VIII, may be deemed to have shared power to vote these shares. | |||
7 | SOLE DISPOSITIVE POWER 181,805 shares | |||
8 | SHARED
DISPOSITIVE POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Puttagunta, a member of BCMC VIII, may be deemed to have shared power to dispose of these shares. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 22,067,837 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 24.1% | ||
12 | TYPE OF REPORTING PERSON | IN | ||
*Represents an aggregate of 21,886,032 shares of Class B Common Stock held directly by BCP VIII, BFF VIII and BFF VIII-B, respectively. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 21,886,032 shares of Class B Common Stock held in aggregate by BCP VIII, BFF VIII and BFF VIII-B respectively). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 8.3%.
CUSIP NO. 20717M103 | 13 G | Page 12 of 18 |
1 | NAME OF REPORTING PERSON Sarah E. Tavel | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION U.S. Citizen | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 950,611 shares | ||
6 | SHARED
VOTING POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Tavel, a member of BCMC VII, may be deemed to have shared power to vote these shares. | |||
7 | SOLE DISPOSITIVE POWER 950,611 shares | |||
8 | SHARED
DISPOSITIVE POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Tavel, a member of BCMC VIII, may be deemed to have shared power to dispose of these shares. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 22,836,643 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 24.7% | ||
12 | TYPE OF REPORTING PERSON | IN | ||
*Represents an aggregate of 21,886,032 shares of Class B Common Stock held directly by BCP VIII, BFF VIII and BFF VIII-B, respectively. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 21,886,032 shares of Class B Common Stock held in aggregate by BCP VIII, BFF VIII and BFF VIII-B respectively). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 8.6%.
CUSIP NO. 20717M103 | 13 G | Page 13 of 18 |
1 | NAME OF REPORTING PERSON Eric Vishria | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x | |||
3 | SEC USE ONLY | |||
4 | CITIZENSHIP OR PLACE
OF ORGANIZATION U.S. Citizen | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE
VOTING POWER 1,445,792 shares | ||
6 | SHARED
VOTING POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Vishria, a member of BCMC VIII, may be deemed to have shared power to vote these shares. | |||
7 | SOLE DISPOSITIVE POWER 1,445,792 shares | |||
8 | SHARED
DISPOSITIVE POWER 21,886,032 shares*, of which 15,856,839 are directly owned by BCP VIII, 2,523,150 are directly owned by BFF VIII and 3,506,043 are directly owned by BFF VIII -B. BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, and Vishria, a member of BCMC VIII, may be deemed to have shared power to dispose of these shares. | |||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| 23,331,824 | ||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 25.1% | ||
12 | TYPE OF REPORTING PERSON | IN | ||
*Represents an aggregate of 21,886,032 shares of Class B Common Stock held directly by BCP VIII, BFF VIII and BFF VIII-B, respectively. Each share of Class B Common Stock is convertible at the option of the holder into one share of Class A Common Stock. Pursuant to Rule 13d-3(d)(1)(i)(D), the percentage in Row 11 is calculated using the outstanding shares of Class A Common Stock only (assuming conversion of the 21,886,032 shares of Class B Common Stock held in aggregate by BCP VIII, BFF VIII and BFF VIII-B respectively). If the outstanding number of shares included both Class A Common Stock and Class B Common Stock, this percentage would be 8.8%.
CUSIP NO. 20717M103 | 13 G | Page 14 of 18 |
ITEM 1(A). | NAME OF ISSUER |
Confluent, Inc. | |
ITEM 1(B). | ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES |
899 W. Evelyn Avenue | |
Mountain View, CA 94041 | |
ITEM 2(A). | NAME OF PERSONS FILING |
This Statement is filed by BCP VIII, BFF VIII, BFF VIII -B, BCMC VIII, and Cohler, Fenton, Gurley, Hu, Lasky, Puttagunta, Tavel and Vishria. The foregoing entities and individuals are collectively referred to as the “Reporting Persons.” | |
BCMC VIII, the general partner of BCP VIII, BFF VIII and BFF VIII -B, may be deemed to have sole power to vote and sole power to dispose of shares of the issuer directly owned by BCP VIII, BFF VIII and BFF VIII -B. | |
Cohler, Fenton, Gurley, Hu, Lasky, Puttagunta, Tavel and Vishria are members of BCMC VIII and may be deemed to have shared power to vote and shared power to dispose of shares of the issuer directly owned by BCP VIII, BFF VIII and BFF VIII -B. | |
ITEM 2(B). | ADDRESS OF PRINCIPAL BUSINESS OFFICE |
The address for each reporting person is: | |
Benchmark | |
2965 Woodside Road | |
Woodside, California 94062 |
ITEM 2(C). | CITIZENSHIP |
BCP VIII, BFF VIII and BFF VIII -B are Delaware limited partnerships. BCMC VIII is a Delaware limited liability company. Cohler, Fenton, Gurley, Hu, Lasky, Puttagunta, Tavel and Vishria are United States Citizens. |
ITEM 2(D) and (E). | TITLE OF CLASS OF SECURITIES AND CUSIP NUMBER |
Class A Common Stock | |
CUSIP # 20717M103 | |
ITEM 3. | Not Applicable. |
ITEM 4. | OWNERSHIP |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. | |
The following information with respect to the ownership of the Common Stock of the issuer by the persons filing this Statement is provided as of December 31, 2021 (based on 69,539,035 shares of Class A Common Stock and 194,935,375 shares of Class B Common Stock of the issuer outstanding as of October 28, 2021 as reported by the issuer on Form 10-Q for the period ended September 30, 2021 and filed with the Securities and Exchange Commission on November 4, 2021). |
CUSIP NO. 20717M103 | 13 G | Page 15 of 18 |
(a) | Amount
beneficially owned: See Row 9 of cover page for each Reporting Person. |
(b) | Percent
of Class: See Row 11 of cover page for each Reporting Person. |
(c) | Number of shares as to which such person has: |
(i) | Sole
power to vote or to direct the vote: See Row 5 of cover page for each Reporting Person. |
(ii) | Shared power to vote or to direct the vote: |
See Row 6 of cover page for each Reporting Person.
(iii) | Sole power to dispose or to direct the disposition of: |
See Row 7 of cover page for each Reporting Person.
(iv) | Shared
power to dispose or to direct the disposition of: See Row 8 of cover page for each Reporting Person. |
ITEM 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS |
Not applicable. | |
ITEM 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON |
Under certain circumstances set forth in the limited partnership agreements of BCP VIII, BFF VIII and BFF VIII-B, and the limited liability company agreement of BCMC VIII, the general and limited partners or members, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the issuer owned by each such entity of which they are a partner or member, as the case may be. | |
ITEM 7. | IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY |
Not applicable. | |
ITEM 8. | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP |
Not applicable. | |
ITEM 9. | NOTICE OF DISSOLUTION OF GROUP |
Not applicable. | |
ITEM 10. | CERTIFICATION |
Not applicable. |
CUSIP NO. 20717M103 | 13 G | Page 16 of 18 |
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 14, 2022
BENCHMARK CAPITAL PARTNERS VIII, L.P., a Delaware Limited Partnership | ||
BENCHMARK FOUNDERS’ FUND VIII, L.P., a Delaware Limited Partnership | ||
BENCHMARK FOUNDERS’ FUND VIII -B, L.P., a Delaware Limited Partnership | ||
BENCHMARK CAPITAL MANAGEMENT CO. VIII, L.L.C., a Delaware Limited Liability Company | ||
By: | /s/ An-Yen Hu | |
An-Yen Hu | ||
Managing Member |
MATTHEW R. COHLER PETER FENTON J. WILLIAM GURLEY ROBERT C. KAGLE MITCHELL H. LASKY CHETAN PUTTAGUNTA SARAH E. TAVEL ERIC VISHRIA | ||
By: | /s/ An-Yen Hu | |
An-Yen Hu | ||
Attorney-in-Fact* | ||
AN-YEN HU | ||
*Signed pursuant to a Power of Attorney already on file with the appropriate agencies.
CUSIP NO. 20717M103 | 13 G | Page 17 of 18 |
EXHIBIT INDEX
Found on Sequentially | |
Exhibit | Numbered Page |
Exhibit A: Agreement of Joint Filing | 20 |
CUSIP NO. 20717M103 | 13 G | Page 18 of 18 |
exhibit A
Agreement of Joint Filing
The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Class A Common Stock of Confluent, Inc. shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.
Date: February 14, 2022
BENCHMARK CAPITAL PARTNERS VIII, L.P., a Delaware Limited Partnership | ||
BENCHMARK FOUNDERS’ FUND VIII, L.P., a Delaware Limited Partnership | ||
BENCHMARK FOUNDERS’ FUND VIII -B, L.P., a Delaware Limited Partnership | ||
BENCHMARK CAPITAL MANAGEMENT CO. VIII, L.L.C., a Delaware Limited Liability Company | ||
By: | /s/ An-Yen Hu | |
An-Yen Hu | ||
Managing Member |
MATTHEW R. COHLER PETER FENTON J. WILLIAM GURLEY ROBERT C. KAGLE MITCHELL H. LASKY CHETAN PUTTAGUNTA SARAH E. TAVEL ERIC VISHRIA | ||
By: | /s/ An-Yen Hu | |
An-Yen Hu | ||
Attorney-in-Fact* | ||
AN-YEN HU | ||
*Signed pursuant to a Power of Attorney already on file with the appropriate agencies.