Filing Details

Accession Number:
0001104659-24-036137
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-19 16:10:44
Reporting Period:
2024-03-15
Accepted Time:
2024-03-19 16:10:44
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 2024-03-15 15,000 $0.00 353,469 No 4 C Direct
Class A Common Stock Disposition 2024-03-15 8,389 $91.48 345,080 No 4 S Direct
Class A Common Stock Disposition 2024-03-15 6,411 $92.10 338,669 No 4 S Direct
Class A Common Stock Disposition 2024-03-15 200 $93.13 338,469 No 4 S Direct
Class A Common Stock Acquisiton 2024-03-15 50,000 $0.00 50,000 No 4 C Indirect See footnote
Class A Common Stock Disposition 2024-03-15 25,593 $91.47 24,407 No 4 S Indirect See footnote
Class A Common Stock Disposition 2024-03-15 23,907 $92.08 500 No 4 S Indirect See footnote
Class A Common Stock Disposition 2024-03-15 500 $93.08 0 No 4 S Indirect See footnote
Class A Common Stock Acquisiton 2024-03-15 15,000 $0.00 15,000 No 4 C Indirect See footnote
Class A Common Stock Disposition 2024-03-15 8,515 $91.49 6,485 No 4 S Indirect See footnote
Class A Common Stock Disposition 2024-03-15 6,185 $92.09 300 No 4 S Indirect See footnote
Class A Common Stock Disposition 2024-03-15 300 $93.06 0 No 4 S Indirect See footnote
Class A Common Stock Acquisiton 2024-03-15 15,000 $0.00 15,000 No 4 C Indirect See footnote
Class A Common Stock Disposition 2024-03-15 8,800 $91.50 6,200 No 4 S Indirect See footnote
Class A Common Stock Disposition 2024-03-15 6,100 $92.13 100 No 4 S Indirect See footnote
Class A Common Stock Disposition 2024-03-15 100 $93.38 0 No 4 S Indirect See footnote
Class A Common Stock Acquisiton 2024-03-15 15,000 $0.00 15,000 No 4 C Indirect See footnote
Class A Common Stock Disposition 2024-03-15 7,822 $91.47 7,178 No 4 S Indirect See footnote
Class A Common Stock Disposition 2024-03-15 6,878 $92.08 300 No 4 S Indirect See footnote
Class A Common Stock Disposition 2024-03-15 300 $93.02 0 No 4 S Indirect See footnote
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
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 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
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 2024-03-15 15,000 $0.00 15,000 $2.04
Class A Common Stock Class B Common Stock Acquisiton 2024-03-15 15,000 $0.00 15,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2024-03-15 15,000 $0.00 15,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2024-03-15 50,000 $0.00 50,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2024-03-15 15,000 $0.00 15,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2024-03-15 15,000 $0.00 15,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2024-03-15 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
585,341 2027-07-25 No 4 M Direct
23,925 No 4 M Direct
8,925 No 4 C Direct
200,000 No 4 C Indirect
61,100 No 4 C Indirect
61,100 No 4 C Indirect
61,100 No 4 C 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 27, 2023.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.86 to $91.83, 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) through (5), (7) through (9), (11) through (13), (15), (16) and (18) through (20) to this Form 4.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.86 to $92.78, inclusive.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.88 to $93.38, inclusive.
  6. The shares are held of record by Center Court Partners Ltd., for which the reporting person serves as a partner.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.81 to $91.80, inclusive.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.81 to $92.76, inclusive.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.85 to $93.40, inclusive.
  10. The shares are held of record by Center Court 2020 Trust 1 UA 12/11/20, for which the reporting person serves as trustee.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.86 to $91.85, inclusive.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.86 to $92.76, inclusive.
  13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.87 to $93.43, inclusive.
  14. The shares are held of record by Center Court 2020 Trust 2 UA 12/11/20, for which the reporting person serves as trustee.
  15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.89 to $91.88, inclusive.
  16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.89 to $92.88, inclusive.
  17. The shares are held of record by Center Court 2020 Trust 3 UA 12/11/20, for which the reporting person serves as trustee.
  18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.81 to $91.79, inclusive.
  19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.81 to $92.72, inclusive.
  20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.81 to $93.38, inclusive.
  21. Shares subject to the option are fully vested and immediately exercisable.