Yucca (Jersey) SLP's Form 4 filing
Confluent, Inc. (CFLT) · filed Aug 9, 2022
- Accession no.
- 0000899243-22-028157
- Filed
- Aug 9, 2022, 7:02 PM ET
- Trade date
- Aug 5-8, 2022
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 10 non-derivative transactions and 4 derivative transactions. Open-market sales total $21.4M. It was filed 4 days after the trade.
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.
| Owner | Relationship to the company |
|---|---|
| Yucca (Jersey) SLPCIK 0001591294 | 10% Owner |
| Index Ventures VII (Jersey), L.P.CIK 0001604856 | 10% Owner |
| Index Ventures VII Parallel Entrepreneur Fund (Jersey), L.P.CIK 0001612238 | 10% Owner |
| Index Ventures Growth IV (Jersey), L.P.CIK 0001746441 | 10% Owner |
| Index Venture Growth Associates IV LtdCIK 0001865141 | 10% Owner |
| Index Venture Associates VII LtdCIK 0001866169 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 5, 2022 | Class A Common Stock | CConversionAcquired | +2,258,703 | $0.00F1 | $0 | 2,258,703 | Direct | |
| Aug 5, 2022 | Class A Common Stock | CConversionAcquired | +55,969 | $0.00F3 | $0 | 55,969 | Indirect | |
| Aug 5, 2022 | Class A Common Stock | CConversionAcquired | +621,175 | $0.00F5 | $0 | 621,175 | Indirect | |
| Aug 5, 2022 | Class A Common Stock | SSaleDisposed | −316,468 | $33.77F7 | −$10,687,915.53 | 304,707 | Indirect | |
| Aug 5, 2022 | Class A Common Stock | CConversionAcquired | +45,991 | $0.00F8 | $0 | 45,991 | Indirect | |
| Aug 8, 2022 | Class A Common Stock | JOtherDisposed | −2,258,703 | $0.00F1 | $0 | 0 | Direct | |
| Aug 8, 2022 | Class A Common Stock | JOtherDisposed | −55,969 | $0.00F3 | $0 | 0 | Indirect | |
| Aug 8, 2022 | Class A Common Stock | SSaleDisposed | −304,707 | $33.40F10 | −$10,176,573.92 | 0 | Indirect | |
| Aug 8, 2022 | Class A Common Stock | JOtherDisposed | −29,898 | $0.00F8 | $0 | 16,093 | Indirect | |
| Aug 8, 2022 | Class A Common Stock | SSaleDisposed | −16,093 | $33.40F10 | −$537,472.4 | 0 | Indirect |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 5, 2022 | Class A Common Stock | CConversionDisposed | −2,258,703 | $0.00 | $0 | 18,069,628 | Direct | |
| Aug 5, 2022 | Class A Common Stock | CConversionDisposed | −55,969 | $0.00 | $0 | 447,749 | Indirect | |
| Aug 5, 2022 | Class A Common Stock | CConversionDisposed | −621,175 | $0.00 | $0 | 4,969,403 | Indirect | |
| Aug 5, 2022 | Class A Common Stock | CConversionDisposed | −45,991 | $0.00 | $0 | 367,927 | Indirect |
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
On August 5, 2022, Index Ventures VII (Jersey) L.P. ("Index VII") converted in the aggregate 2,258,703 shares of the Issuer's Class B Common Stock into 2,258,703 shares of the Issuer's Class A Common Stock. Subsequently, on August 8, 2022, Index VII distributed in-kind, without consideration, 2,258,703 shares of Class A Common Stock pro-rata to its limited partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
Referenced by the price of 2 transactions in Table I.
- F3
On August 5, 2022, Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P. ("Index VII Parallel") converted in the aggregate 55,969 shares of the Issuer's Class B Common Stock into 55,969 shares of the Issuer's Class A Common Stock. Subsequently, on August 8, 2022, Index VII Parallel distributed in-kind, without consideration, 55,969 shares of Class A Common Stock pro-rata to its limited partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
Referenced by the price of 2 transactions in Table I.
- F5
On August 5, 2022, Index Ventures Growth IV (Jersey) L.P. ("Index Growth IV") converted in the aggregate 621,175 shares of the Issuer's Class B Common Stock into 621,175 shares of the Issuer's Class A Common Stock.
Referenced by the price of 1 transaction 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 $33.57 - $34.23. The reporting persons undertake 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 range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F8
On August 5, 2022, Yucca (Jersey) SLP ("Yucca") converted in the aggregate 45,991 shares of the Issuer's Class B Common Stock into 45,991 shares of the Issuer's Class A Common Stock. Subsequently, on August 8, 2022, Yucca distributed in-kind, without consideration, 29,898 shares of Class A Common Stock pro-rata to its partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
Referenced by the price of 2 transactions in Table I.
- F10
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.30 - $33.67. The reporting persons undertake 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 range set forth in this footnote.
Referenced by the price of 2 transactions in Table I.