Filing Details

Accession Number:
0001209191-21-011983
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-18 17:30:00
Reporting Period:
2021-02-16
Accepted Time:
2021-02-18 17:30:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1477333 Cloudflare Inc. NET () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1283102 J Stanley Meresman C/O Cloudflare, Inc.
101 Townsend Street
San Francisco CA 94107
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-02-16 24,000 $0.00 30,622 No 4 C Direct
Class A Common Stock Disposition 2021-02-16 12,523 $82.19 18,099 No 4 S Direct
Class A Common Stock Disposition 2021-02-16 4,322 $82.74 13,777 No 4 S Direct
Class A Common Stock Disposition 2021-02-16 3,690 $83.99 10,087 No 4 S Direct
Class A Common Stock Disposition 2021-02-16 3,465 $84.58 6,622 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option (right to buy) Disposition 2021-02-16 24,000 $0.00 24,000 $8.56
Class A Common Stock Class B Common Stock Acquisiton 2021-02-16 24,000 $0.00 24,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-02-16 24,000 $0.00 24,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
128,000 2028-12-12 No 4 M Direct
24,000 No 4 M Direct
0 No 4 C Direct
Footnotes
  1. 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.
  2. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 10, 2020.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.45 to $82.44, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) through (6) to this Form 4.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.46 to $83.43, inclusive.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.46 to $84.25, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.49 to $84.77, inclusive.
  7. The option is subject to an early exercise provision and is immediately exercisable. Shares subject to the option vest in 16 equal quarterly installments following December 13, 2018.