Filing Details

Accession Number:
0001209191-22-056894
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-14 21:52:17
Reporting Period:
2022-11-11
Accepted Time:
2022-11-14 21:52:17
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.
106 E. 6Th Street, Suite 500
Austin TX 78701
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 2002-11-11 50,000 $0.00 138,415 No 4 C Direct
Class A Common Stock Disposition 2002-11-11 50,000 $50.15 88,415 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C 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 2002-11-11 50,000 $0.00 50,000 $1.95
Class A Class Common Stock Class B Common Stock Acquisiton 2002-11-11 50,000 $0.00 50,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2002-11-11 50,000 $0.00 50,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
124,058 2027-06-29 No 4 M Direct
58,925 No 4 M Direct
8,925 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 $0.00 250,000 250,000 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
Class A Common Stock Class B Common Stock $0.00 76,100 76,100 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
250,000 250,000 Indirect
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 24, 2021, as modified on August 25, 2022.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.30, 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.
  4. 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.
  5. The shares are held of record by Center Court Partners Ltd., for which the reporting person serves as a partner.
  6. The shares are held of record by Center Court 2020 Trust 1 UA 12/11/20, for which the reporting person serves as trustee.
  7. The shares are held of record by Center Court 2020 Trust 2 UA 12/11/20, for which the reporting person serves as trustee.
  8. The shares are held of record by Center Court 2020 Trust 3 UA 12/11/20, for which the reporting person serves as trustee.