Skip to main content
Livermore
Livermore
US stocksTW
ZHEN

Zatlyn Michelle's Form 4 filing

Cloudflare, Inc.NET · filed Dec 8, 2023

Accession no.
0000950170-23-069144
Filed
Dec 8, 2023
Trade date
Dec 6-8, 2023
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 18 non-derivative transactions and 12 derivative transactions. Open-market sales total $2.97M. It was filed 2 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.

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
Dec 6, 2023Class A Common StockCConversionAcquired+10,256–F1–39,323Indirect
Dec 6, 2023Class A Common StockSSaleDisposed−6,592$78.12F4−$514,967.0432,731Indirect
Dec 6, 2023Class A Common StockSSaleDisposed−3,664$79.08F5−$289,749.1229,067Indirect
Dec 6, 2023Class A Common StockCConversionAcquired+2,564–F1–2,564Indirect
Dec 6, 2023Class A Common StockSSaleDisposed−1,642$78.12F4−$128,273.04922Indirect
Dec 6, 2023Class A Common StockSSaleDisposed−922$79.08F5−$72,911.760Indirect
Dec 7, 2023Class A Common StockCConversionAcquired+10,256–F1–39,323Indirect
Dec 7, 2023Class A Common StockSSaleDisposed−6,219$76.13F7−$473,452.4733,104Indirect
Dec 7, 2023Class A Common StockSSaleDisposed−4,037$76.96F8−$310,687.5229,067Indirect
Dec 7, 2023Class A Common StockCConversionAcquired+2,564–F1–2,564Indirect
Dec 7, 2023Class A Common StockSSaleDisposed−1,552$76.13F7−$118,153.761,012Indirect
Dec 7, 2023Class A Common StockSSaleDisposed−1,012$76.96F8−$77,883.520Indirect
Dec 8, 2023Class A Common StockCConversionAcquired+10,256–F1–39,323Indirect
Dec 8, 2023Class A Common StockSSaleDisposed−2,254$76.24F9−$171,844.9637,069Indirect
Dec 8, 2023Class A Common StockSSaleDisposed−8,002$77.25F10−$618,154.529,067Indirect
Dec 8, 2023Class A Common StockCConversionAcquired+2,564–F1–2,564Indirect
Dec 8, 2023Class A Common StockSSaleDisposed−565$76.24F9−$43,075.61,999Indirect
Dec 8, 2023Class A Common StockSSaleDisposed−1,999$77.25F10−$154,422.750Indirect

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
Dec 6, 2023Class B Common StockMOption exerciseDisposed−10,256$0.00$03,620,500Direct
Dec 6, 2023Class A Common StockMOption exerciseAcquired+10,256$0.00$010,256Direct
Dec 6, 2023Class A Common StockCConversionDisposed−10,256$0.00$00Direct
Dec 6, 2023Class A Common StockCConversionDisposed−2,564$0.00$01,481,412Indirect
Dec 7, 2023Class B Common StockMOption exerciseDisposed−10,256$0.00$03,610,244Direct
Dec 7, 2023Class A Common StockMOption exerciseAcquired+10,256$0.00$010,256Direct
Dec 7, 2023Class A Common StockCConversionDisposed−10,256$0.00$00Direct
Dec 7, 2023Class A Common StockCConversionDisposed−2,564$0.00$01,478,848Indirect
Dec 8, 2023Class B Common StockMOption exerciseDisposed−10,256$0.00$03,599,988Direct
Dec 8, 2023Class A Common StockMOption exerciseAcquired+10,256$0.00$010,256Direct
Dec 8, 2023Class A Common StockCConversionDisposed−10,256$0.00$00Direct
Dec 8, 2023Class A Common StockCConversionDisposed−2,564$0.00$01,476,284Indirect

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 6 transactions in Table I.

F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.70 to $78.685, 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 (4), (5) and (7) through (10) to this Form 4.

Referenced by the price of 2 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 $78.74 to $79.525, 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 $75.79 to $76.78, 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 $76.79 to $77.12, 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 $75.78 to $76.67, inclusive.

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 $76.86 to $77.66, inclusive.

Referenced by the price of 2 transactions in Table I.

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