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Filing Details

Accession Number:: 0000899243-22-019019
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-05-20 16:15:23
Reporting Period:: 2022-05-18

Accepted Time:: 2022-05-20 16:15:23
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1699838	Confluent Inc.	CFLT	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1626464	Michelangelo Volpi	C/O Confluent, Inc. 899 W. Evelyn Avenue Mountain View CA 94041		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2022-05-18	2,253,905	$0.00	2,258,702	No	4	C	Indirect	By Index Ventures VII (Jersey) L.P.
Class A Common Stock	Disposition	2022-05-18	2,253,905	$0.00	4,797	No	4	J	Indirect	By Index Ventures VII (Jersey) L.P.
Class A Common Stock	Disposition	2022-05-18	2,719	$17.83	2,078	No	4	S	Indirect	By Index Ventures VII (Jersey) L.P.
Class A Common Stock	Disposition	2022-05-18	1,878	$18.81	200	No	4	S	Indirect	By Index Ventures VII (Jersey) L.P.
Class A Common Stock	Disposition	2022-05-18	200	$19.32	0	No	4	S	Indirect	By Index Ventures VII (Jersey) L.P.
Class A Common Stock	Acquisiton	2022-05-18	55,850	$0.00	55,969	No	4	C	Indirect	By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
Class A Common Stock	Disposition	2022-05-18	55,850	$0.00	119	No	4	J	Indirect	By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
Class A Common Stock	Disposition	2022-05-18	67	$17.83	52	No	4	S	Indirect	By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
Class A Common Stock	Disposition	2022-05-18	47	$18.81	5	No	4	S	Indirect	By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
Class A Common Stock	Disposition	2022-05-18	5	$19.32	0	No	4	S	Indirect	By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
Class A Common Stock	Acquisiton	2022-05-18	621,175	$0.00	621,175	No	4	C	Indirect	By Index Ventures Growth IV (Jersey) L.P.
Class A Common Stock	Disposition	2022-05-18	621,175	$0.00	0	No	4	J	Indirect	By Index Ventures Growth IV (Jersey) L.P.
Class A Common Stock	Acquisiton	2022-05-18	45,916	$0.00	45,991	No	4	C	Indirect	By Yucca (Jersey) SLP
Class A Common Stock	Disposition	2022-05-18	29,849	$0.00	16,142	No	4	J	Indirect	By Yucca (Jersey) SLP
Class A Common Stock	Disposition	2022-05-18	9,150	$17.83	6,992	No	4	S	Indirect	By Yucca (Jersey) SLP
Class A Common Stock	Disposition	2022-05-18	6,320	$18.81	672	No	4	S	Indirect	By Yucca (Jersey) SLP
Class A Common Stock	Disposition	2022-05-18	672	$19.32	0	No	4	S	Indirect	By Yucca (Jersey) SLP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	By Index Ventures VII (Jersey) L.P.
No	4	J	Indirect	By Index Ventures VII (Jersey) L.P.
No	4	S	Indirect	By Index Ventures VII (Jersey) L.P.
No	4	S	Indirect	By Index Ventures VII (Jersey) L.P.
No	4	S	Indirect	By Index Ventures VII (Jersey) L.P.
No	4	C	Indirect	By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
No	4	J	Indirect	By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
No	4	S	Indirect	By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
No	4	S	Indirect	By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
No	4	S	Indirect	By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
No	4	C	Indirect	By Index Ventures Growth IV (Jersey) L.P.
No	4	J	Indirect	By Index Ventures Growth IV (Jersey) L.P.
No	4	C	Indirect	By Yucca (Jersey) SLP
No	4	J	Indirect	By Yucca (Jersey) SLP
No	4	S	Indirect	By Yucca (Jersey) SLP
No	4	S	Indirect	By Yucca (Jersey) SLP
No	4	S	Indirect	By Yucca (Jersey) SLP

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2022-05-18	2,253,905	$0.00	2,253,905	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2022-05-18	55,850	$0.00	55,850	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2022-05-18	621,175	$0.00	621,175	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2022-05-18	45,916	$0.00	45,916	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
20,328,331	No	4	C	Indirect
503,718	No	4	C	Indirect
5,590,578	No	4	C	Indirect
413,918	No	4	C	Indirect

Footnotes

On May 18, 2022, Index Ventures VII (Jersey) L.P. ("Index VII") converted in the aggregate 2,253,905 shares of the Issuer's Class B Common Stock into 2,253,905 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Index VII distributed in-kind, without consideration, 2,253,905 shares of Class A Common Stock pro-rata to its limited partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
Includes 4,797 shares of Class A Common Stock received in a prior distribution-in-kind made in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
The shares are held by Index VII. Index Venture Associates VII Limited ("IVA VII") is the general partner of Index VII. The reporting person is a partner within the Index Ventures group. Advisors within the Index Ventures group provide advice to each of Index VII, Index Ventures VII Parallel Entrepreneur Fund (Jersey), L.P. ("Index VII Parallel") and Index Ventures Growth IV (Jersey) L.P. ("Index Growth IV"). The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.24 - $18.23. 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 range set forth in this footnote.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.24 - $19.23. 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 range set forth in this footnote.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.24 - $19.44. 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 range set forth in this footnote.
On May 18, 2022, Index VII Parallel converted in the aggregate 55,850 shares of the Issuer's Class B Common Stock into 55,850 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Index VII Parallel distributed in-kind, without consideration, 55,850 shares of Class A Common Stock pro-rata to its limited partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
Includes 119 shares of Class A Common Stock received in a prior distribution-in-kind made in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
The shares are held by Index VII Parallel. IVA VII is the general partner of Index VII Parallel. The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.
On May 18, 2022, Index Growth IV converted in the aggregate 621,175 shares of the Issuer's Class B Common Stock into 621,175 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Index Growth IV distributed in-kind, without consideration, 621,175 shares of Class A Common Stock pro-rata to its limited partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
The shares are held by Index Growth IV. Index Venture Growth Associates IV Limited ("IVGA IV") is the general partner of Index Growth IV. The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.
On May 18, 2022, Yucca (Jersey) SLP ("Yucca") converted in the aggregate 45,916 shares of the Issuer's Class B Common Stock into 45,916 shares of the Issuer's Class A Common Stock. Subsequently on the same date, Yucca distributed in-kind, without consideration, 29,849 shares of Class A Common Stock pro-rata to its partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
Includes 75 shares of Class A Common Stock received in a prior distribution-in-kind made in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
The shares are held of record by Yucca. Yucca is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Index funds' investment (in this case, Index VII, Index VII Parallel and Index Growth IV). The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.
Each share of Class B Common Stock held by the reporting person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock is also convertible at any time at the option of the reporting person into one share of Class A Common Stock.