Filing Details

Accession Number:
0000899243-22-007760
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-02-24 19:29:24
Reporting Period:
2022-02-23
Accepted Time:
2022-02-24 19:29:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1477333 Cloudflare Inc. NET Services-Prepackaged Software (7372) 270805829
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1786951 Michelle Zatlyn C/O Cloudflare, Inc.
101 Townsend Street
San Francisco CA 94107
President And Coo Yes 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 2022-02-23 27,775 $0.00 27,775 No 4 C Indirect See footnote
Class A Common Stock Disposition 2022-02-23 6,944 $91.32 20,831 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 2,249 $92.26 18,582 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 4,212 $93.39 14,370 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 7,041 $94.20 7,329 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 4,573 $95.19 2,756 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 2,222 $96.35 534 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 534 $97.06 0 No 4 S Indirect See footnote
Class A Common Stock Acquisiton 2022-02-23 5,555 $0.00 5,555 No 4 C Indirect See footnote
Class A Common Stock Disposition 2022-02-23 1,388 $91.31 4,167 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 451 $92.24 3,716 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 838 $93.40 2,878 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 1,407 $94.20 1,471 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 927 $95.19 544 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 438 $96.36 106 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-02-23 106 $97.06 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2022-02-23 27,775 $0.00 27,775 $0.00
Class A Common Stock Class B Common Stock Disposition 2022-02-23 5,555 $0.00 5,555 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,743,988 No 4 C Indirect
1,581,839 No 4 C Indirect
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 $0.00 294,275 294,275 Indirect
Class A Common Stock Class B Common Stock $0.00 2,000,000 2,000,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
294,275 294,275 Indirect
2,000,000 2,000,000 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 shares are held of record by The Sutherland/Zatlyn Revocable Trust dated November 17, 2016, for which the reporting person serves as co-trustee.
  3. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2020.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.80 to $91.79, 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 (4) through (10) to this Form 4.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.80 to $92.79, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.80 to $93.75, inclusive.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.81 to $94.80, inclusive.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.81 to $95.75, inclusive.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.835 to $96.83, inclusive.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.845 to $97.27, inclusive.
  11. The shares are held of record by The Sutherland/Zatlyn Irrevocable Remainder Trust dated December 15, 2017, for which the reporting person serves as co-trustee.
  12. The shares are held of record by SZ 2020 Irrevocable Trust dated November 25, 2020, for which the reporting person serves as an investment advisor.
  13. The shares are held of record by The Sutherland/Zatlyn 2021 Annuity Trust dated May 22, 2021, for which the reporting person serves as co-trustee.