Filing Details
- Accession Number:
- 0001209191-24-001963
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-01-19 18:49:49
- Reporting Period:
- 2024-01-18
- Accepted Time:
- 2024-01-19 18:49:49
- 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. 405 Comal Street Austin TX 78702 | 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 | 2024-01-18 | 15,000 | $0.00 | 258,495 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2024-01-18 | 6,985 | $77.25 | 251,510 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2024-01-18 | 7,640 | $78.11 | 243,870 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2024-01-18 | 375 | $79.04 | 243,495 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Direct | |
No | 4 | S | Direct | |
No | 4 | S | 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 | 2024-01-18 | 15,000 | $0.00 | 15,000 | $2.04 |
Class A Common Stock | Class B Common Stock | Acquisiton | 2024-01-18 | 15,000 | $0.00 | 15,000 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2024-01-18 | 15,000 | $0.00 | 15,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
695,341 | 2027-07-25 | No | 4 | M | Direct | |
23,925 | 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
- 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 $76.74 to $77.73, 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 (3), (4) and (5) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.75 to $78.59, inclusive.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.83 to $79.73, inclusive.
- Shares subject to the option are fully vested and immediately exercisable.
- The shares are held of record by Center Court Partners Ltd., for which the reporting person serves as a partner.
- The shares are held of record by Center Court 2020 Trust 1 UA 12/11/20, for which the reporting person serves as trustee.
- The shares are held of record by Center Court 2020 Trust 2 UA 12/11/20, for which the reporting person serves as trustee.
- The shares are held of record by Center Court 2020 Trust 3 UA 12/11/20, for which the reporting person serves as trustee.