Filing Details

Accession Number:
0000899243-21-046102
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-24 18:38:04
Reporting Period:
2021-11-23
Accepted Time:
2021-11-24 18:38:04
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
1473289 J Thomas Seifert C/O Cloudflare, Inc.
101 Townsend Street
San Francisco CA 94107
Chief Financial Officer No Yes 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 2021-11-23 20,000 $0.00 70,156 No 4 C Direct
Class A Common Stock Disposition 2021-11-23 346 $179.27 69,810 No 4 S Direct
Class A Common Stock Disposition 2021-11-23 1,900 $180.64 67,910 No 4 S Direct
Class A Common Stock Disposition 2021-11-23 3,264 $181.70 64,646 No 4 S Direct
Class A Common Stock Disposition 2021-11-23 3,293 $182.71 61,353 No 4 S Direct
Class A Common Stock Disposition 2021-11-23 2,699 $183.69 58,654 No 4 S Direct
Class A Common Stock Disposition 2021-11-23 4,998 $184.69 53,656 No 4 S Direct
Class A Common Stock Disposition 2021-11-23 1,800 $185.71 51,856 No 4 S Direct
Class A Common Stock Disposition 2021-11-23 500 $186.99 51,356 No 4 S Direct
Class A Common Stock Disposition 2021-11-23 400 $188.48 50,956 No 4 S Direct
Class A Common Stock Disposition 2021-11-23 800 $189.54 50,156 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
No 4 S Direct
No 4 S 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 Employee Stock Option (right to buy) Disposition 2021-11-23 20,000 $0.00 20,000 $1.95
Class A Common Stock Class B Common Stock Acquisiton 2021-11-23 20,000 $0.00 20,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-11-23 20,000 $0.00 20,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
314,058 2027-06-29 No 4 M Direct
278,925 No 4 M Direct
258,925 No 4 C Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 76,100 76,100 Indirect
Class A Common Stock Class B Common Stock $0.00 76,100 76,100 Indirect
Class A Common Stock Class B Common Stock $0.00 76,100 76,100 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
76,100 76,100 Indirect
76,100 76,100 Indirect
76,100 76,100 Indirect
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 November 9, 2020.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.01 to $179.71, 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 (12) 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 $180.06 to $181.03, inclusive.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.15 to $182.14, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.16 to $183.15, inclusive.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.16 to $184.12, inclusive.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.23 to $185.17, inclusive.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $185.26 to $186.14, inclusive.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $186.70 to $187.58, inclusive.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $187.79 to $188.76, inclusive.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $189.04 to $189.99, inclusive.
  13. The option is subject to an early exercise provision and is immediately exercisable. One-fourth of the total shares vested on June 1, 2018 and the remaining shares vest in 36 equal monthly installments thereafter.
  14. The shares are held of record by Center Court 2020 Trust 1 UA 12/11/20, for which the reporting person serves as trustee.
  15. The shares are held of record by Center Court 2020 Trust 2 UA 12/11/20, for which the reporting person serves as trustee.
  16. The shares are held of record by Center Court 2020 Trust 3 UA 12/11/20, for which the reporting person serves as trustee.