Filing Details

Accession Number:
0000899243-22-025860
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-07-08 20:18:54
Reporting Period:
2022-07-06
Accepted Time:
2022-07-08 20:18:54
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
1786925 Matthew Prince C/O Cloudflare, Inc.
106 E. 6Th Street, Suite 350
Austin TX 78701
Ceo & Chair Of The Board Yes Yes Yes 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 2022-07-06 52,384 $0.00 52,384 No 4 C Indirect See footnote
Class A Common Stock Disposition 2022-07-06 36,583 $50.15 15,801 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-07-06 14,501 $50.68 1,300 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-07-06 1,300 $51.75 0 No 4 S Indirect See footnote
Class A Common Stock Acquisiton 2022-07-07 52,384 $0.00 52,384 No 4 C Indirect See footnote
Class A Common Stock Disposition 2022-07-07 3,778 $50.55 48,606 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-07-07 17,922 $51.42 30,684 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-07-07 18,295 $52.61 12,389 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-07-07 12,389 $53.26 0 No 4 S Indirect See footnote
Class A Common Stock Acquisiton 2022-07-08 52,384 $0.00 52,384 No 4 C Indirect See footnote
Class A Common Stock Disposition 2022-07-08 6,572 $50.60 45,812 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-07-08 9,409 $51.65 36,403 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-07-08 23,433 $52.32 12,970 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-07-08 12,870 $53.59 100 No 4 S Indirect See footnote
Class A Common Stock Disposition 2022-07-08 100 $54.12 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 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 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
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 2022-07-06 52,384 $0.00 52,384 $0.00
Class A Common Stock Class B Common Stock Disposition 2022-07-07 52,384 $0.00 52,384 $0.00
Class A Common Stock Class B Common Stock Disposition 2022-07-08 52,384 $0.00 52,384 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
17,125,739 No 4 C Indirect
17,073,355 No 4 C Indirect
17,020,971 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 $0.00 491,031 491,031 Indirect
Class A Common Stock Class B Common Stock $0.00 4,000,000 4,000,000 Indirect
Class A Common Stock Class B Common Stock $0.00 4,000,000 4,000,000 Indirect
Class A Common Stock Class B Common Stock $0.00 6,569,442 6,569,442 Indirect
Class A Common Stock Class B Common Stock $0.00 1,060,000 1,060,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
491,031 491,031 Indirect
4,000,000 4,000,000 Indirect
4,000,000 4,000,000 Indirect
6,569,442 6,569,442 Indirect
1,060,000 1,060,000 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 Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as 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 30, 2021.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.45 to $50.445, 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 (14) 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 $50.45 to $51.32, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.525 to $52.12, inclusive.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.98 to $50.975, inclusive.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.98 to $51.97, inclusive.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.98 to $52.975, inclusive.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.98 to $53.57, inclusive.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.01 to $51.005, inclusive.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.015 to $52.01, inclusive.
  13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.02 to $52.94, inclusive.
  14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.09 to $54.08, inclusive.
  15. Of the reported shares, 1,250,000 vest in 15 months beginning on July 13, 2022.
  16. The shares are held of record by The Matthew Prince 2020 Annuity Trust dated May 20, 2020, for which the reporting person serves as co-trustee and investment advisor.
  17. The shares are held of record by The Matthew Prince 2021 Grantor Retained Annuity Trust #1 UA 5/25/2021, for which the reporting person serves as co-trustee and investment advisor.
  18. The shares are held of record by The Matthew Prince 2021 Grantor Retained Annuity Trust #2 UA 8/13/2021, for which the reporting person serves as co-trustee and investment advisor.
  19. The shares are held of record by The Prince Family Nonexempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.
  20. The shares are held of record by The Prince Family Exempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.