Filing Details
- Accession Number:
- 0001209191-23-022935
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-04-04 18:21:48
- Reporting Period:
- 2023-04-03
- Accepted Time:
- 2023-04-04 18:21:48
- 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 |
|---|---|---|---|---|---|---|---|
| 1787168 | James Douglas Kramer | C/O Cloudflare, Inc. 1401 K St. Nw Washington DC 20005 | General Counsel | 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 | 2023-04-03 | 3,000 | $0.00 | 57,960 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2023-04-03 | 3,000 | $60.61 | 54,960 | 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 | 2023-04-03 | 3,000 | $0.00 | 3,000 | $2.04 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2023-04-03 | 3,000 | $0.00 | 3,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2023-04-03 | 3,000 | $0.00 | 3,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 132,500 | 2027-07-25 | No | 4 | M | Direct | |
| 133,675 | No | 4 | M | Direct | ||
| 130,675 | No | 4 | C | Direct |
Footnotes
- 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.
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29, 2022.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.25 to $61.09, 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.
- The option is subject to an early exercise provision and is immediately exercisable. Shares subject to the option vest in 48 equal monthly installments following September 13, 2019.
Billionaire Hedge Funds
