Filing Details
- Accession Number:
- 0001062993-24-019224
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-11-15 17:55:55
- Reporting Period:
- 2024-11-13
- Accepted Time:
- 2024-11-15 17:55:55
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1699838 | Confluent Inc. | CFLT | Services-Prepackaged Software (7372) | 471824387 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1866643 | Craig Matthew Miller | 2800 Sand Hill Road, Suite 101 Menlo Park CA 94025 | Yes | No | 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 | 2024-11-13 | 144,081 | $0.00 | 144,081 | No | 4 | C | Indirect | Sequoia Capital Fund Parallel, LLC |
| Class A Common Stock | Disposition | 2024-11-13 | 144,081 | $28.88 | 0 | No | 4 | S | Indirect | Sequoia Capital Fund Parallel, LLC |
| Class A Common Stock | Acquisiton | 2024-11-13 | 923,163 | $0.00 | 923,163 | No | 4 | C | Indirect | Sequoia Capital Fund, LP |
| Class A Common Stock | Disposition | 2024-11-13 | 923,163 | $28.88 | 0 | No | 4 | S | Indirect | Sequoia Capital Fund, LP |
| Class A Common Stock | Disposition | 2024-11-13 | 17,015 | $30.01 | 92,815 | No | 4 | S | Indirect | Estate planning vehicle |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | Sequoia Capital Fund Parallel, LLC |
| No | 4 | S | Indirect | Sequoia Capital Fund Parallel, LLC |
| No | 4 | C | Indirect | Sequoia Capital Fund, LP |
| No | 4 | S | Indirect | Sequoia Capital Fund, LP |
| No | 4 | S | Indirect | Estate planning vehicle |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Disposition | 2024-11-13 | 144,081 | $0.00 | 144,081 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2024-11-13 | 923,163 | $0.00 | 923,163 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 720,403 | No | 4 | C | Indirect | ||
| 4,615,812 | No | 4 | C | Indirect |
Footnotes
- The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date. In addition, upon any transfer of shares of Class B Common Stock, each such transferred share will automatically convert into one share of Class A Common Stock, except for certain "Permitted Transfers" described in the Issuer's certificate of incorporation.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.74 to $29.44. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
- The sales reported on this Form 4 by the estate planning vehicle were effected pursuant to a Rule 10b5-1 trading plan adopted on June 13, 2024 by the Reporting Person.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.04. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the range set forth above.
- The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of Sequoia Capital Fund, LP ("SCF") and the managing member of Sequoia Capital Fund Parallel, LLC ("SCFP"). The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Billionaire Hedge Funds
