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Zatlyn Michelle's Form 4 filing

Cloudflare, Inc.NET · filed Feb 23, 2022

Accession no.
0000899243-22-007528
Filed
Feb 23, 2022
Trade date
Feb 18-22, 2022
Filing delay
5 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 14 non-derivative transactions and 3 derivative transactions. Open-market sales total $3.19M. It was filed 5 days after the trade.

This filing was later replaced by the amendment 0000899243-22-007558 (Feb 24, 2022). Trade tables on this site use the amended version.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Zatlyn MichelleCIK 0001786951Director, Officer (President and COO)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Feb 18, 2022Class A Common StockCConversionAcquired+22,222–F1–22,222Indirect
Feb 18, 2022Class A Common StockJOtherDisposed−22,222–F1–0Indirect
Feb 22, 2022Class A Common StockCConversionAcquired+27,775–F1–27,775Indirect
Feb 22, 2022Class A Common StockSSaleDisposed−7,683$94.34F5−$724,814.2220,092Indirect
Feb 22, 2022Class A Common StockSSaleDisposed−8,080$95.13F6−$768,650.412,012Indirect
Feb 22, 2022Class A Common StockSSaleDisposed−5,513$96.06F7−$529,578.786,499Indirect
Feb 22, 2022Class A Common StockSSaleDisposed−4,194$97.12F8−$407,321.282,305Indirect
Feb 22, 2022Class A Common StockSSaleDisposed−2,305$97.89F9−$225,636.450Indirect
Feb 22, 2022Class A Common StockCConversionAcquired+5,555–F1–5,555Indirect
Feb 22, 2022Class A Common StockSSaleDisposed−1,535$94.34F5−$144,811.94,020Indirect
Feb 22, 2022Class A Common StockSSaleDisposed−1,620$95.13F6−$154,110.62,400Indirect
Feb 22, 2022Class A Common StockSSaleDisposed−1,096$96.06F7−$105,281.761,304Indirect
Feb 22, 2022Class A Common StockSSaleDisposed−849$97.13F8−$82,463.37455Indirect
Feb 22, 2022Class A Common StockSSaleDisposed−455$97.89F9−$44,539.950Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Feb 18, 2022Class A Common StockCConversionDisposed−22,222$0.00$03,777,316Indirect
Feb 22, 2022Class A Common StockCConversionDisposed−27,775$0.00$03,749,541Indirect
Feb 22, 2022Class A Common StockCConversionDisposed−5,555$0.00$01,609,616Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

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.

Referenced by the price of 4 transactions in Table I.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.66 to $94.65, 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 (5) through (9) and (12) through (17) to this Form 4.

Referenced by the price of 2 transactions in Table I.

F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.66 to $95.61, inclusive.

Referenced by the price of 2 transactions in Table I.

F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.67 to $96.57, inclusive.

Referenced by the price of 2 transactions in Table I.

F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.70 to $97.695, inclusive.

Referenced by the price of 2 transactions in Table I.

F9

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.70 to $98.45, inclusive.

Referenced by the price of 2 transactions in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)