Home > Insider Trading > Filing (0001209191-23-056491)

Filing Details

Accession Number:: 0001209191-23-056491
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-11-22 16:55:11
Reporting Period:: 2023-11-20

Accepted Time:: 2023-11-22 16:55:11
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
1237289	D Scott Sandell	1954 Greenspring Drive Suite 600 Timonium MD 21093		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2023-11-20	39,913	$73.02	192,155	No	4	S	Indirect	See Note 3
Class A Common Stock	Disposition	2023-11-20	17,621	$73.50	174,534	No	4	S	Indirect	See Note 3
Class A Common Stock	Disposition	2023-11-20	28,442	$73.02	12,558	No	4	S	Indirect	See Note 5
Class A Common Stock	Disposition	2023-11-20	12,558	$73.50	0	No	4	S	Indirect	See Note 5
Class A Common Stock	Disposition	2023-11-20	78,389	$73.02	34,611	No	4	S	Indirect	See Note 6
Class A Common Stock	Disposition	2023-11-20	34,611	$73.50	0	No	4	S	Indirect	See Note 6

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Note 3
No	4	S	Indirect	See Note 3
No	4	S	Indirect	See Note 5
No	4	S	Indirect	See Note 5
No	4	S	Indirect	See Note 6
No	4	S	Indirect	See Note 6

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	6,325	Direct
Class A Common Stock	37,000	Indirect	See Note 7

Footnotes

The reported transactions occurred pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on 8/21/2023.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $72.34 to $73.33 per share, 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 (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The Reporting Person is the trustee of the Blue Mountain Trust, which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by the Blue Mountain Trust in which the Reporting Person has no pecuniary interest.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $73.34 to $73.79 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The Reporting Person is the trustee of the SS 2022 CF GRAT 2 dated 12/6/2022, which is the direct beneficial owner of the securities.
The Reporting Person is the trustee of the SS 2023 CF GRAT dated 5/16/2023, which is the direct beneficial owner of the securities.
The Reporting Person is the trustee of the Pendleton 2020 GRAT, which is the direct beneficial owner of the securities.