Skip to main content

Prince Matthew's Form 4 filing

Cloudflare, Inc.NET · filed Apr 10, 2025

Accession no.
0001104659-25-033858
Filed
Apr 10, 2025
Trade date
Apr 8-10, 2025
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 30 non-derivative transactions and 3 derivative transactions. Open-market sales total $16.0M. 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
Prince MatthewCIK 0001786925Director, Officer (CEO & Board Co-Chair), 10% Owner

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
Apr 8, 2025Class A Common StockCConversionAcquired+52,384–F1–52,384Indirect
Apr 8, 2025Class A Common StockSSaleDisposed−6,460$96.42F4−$622,873.245,924Indirect
Apr 8, 2025Class A Common StockSSaleDisposed−6,069$97.29F5−$590,453.0139,855Indirect
Apr 8, 2025Class A Common StockSSaleDisposed−2,733$98.74F6−$269,856.4237,122Indirect
Apr 8, 2025Class A Common StockSSaleDisposed−6,874$99.65F7−$684,994.130,248Indirect
Apr 8, 2025Class A Common StockSSaleDisposed−4,397$100.49F8−$441,854.5325,851Indirect
Apr 8, 2025Class A Common StockSSaleDisposed−1,398$101.97F9−$142,554.0624,453Indirect
Apr 8, 2025Class A Common StockSSaleDisposed−13,165$103.04F10−$1,356,521.611,288Indirect
Apr 8, 2025Class A Common StockSSaleDisposed−7,694$103.85F11−$799,021.93,594Indirect
Apr 8, 2025Class A Common StockSSaleDisposed−3,594$104.77F12−$376,543.380Indirect
Apr 9, 2025Class A Common StockCConversionAcquired+52,384–F1–52,384Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−6,425$97.19F13−$624,445.7545,959Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−16,647$98.19F14−$1,634,568.9329,312Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−7,158$99.04F15−$708,928.3222,154Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−703$100.13F16−$70,391.3921,451Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−333$103.44−$34,445.5221,118Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−736$106.33F17−$78,258.8820,382Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−367$107.09−$39,302.0320,015Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−1,108$108.61F18−$120,339.8818,907Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−376$109.65F19−$41,228.418,531Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−2,333$111.59F20−$260,339.4716,198Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−6,314$112.71F21−$711,650.949,884Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−7,053$113.78F22−$802,490.342,831Indirect
Apr 9, 2025Class A Common StockSSaleDisposed−2,831$114.49F23−$324,121.190Indirect
Apr 10, 2025Class A Common StockCConversionAcquired+52,384–F1–52,384Indirect
Apr 10, 2025Class A Common StockSSaleDisposed−2,624$102.97F24−$270,193.2849,760Indirect
Apr 10, 2025Class A Common StockSSaleDisposed−9,000$104.11F25−$936,99040,760Indirect
Apr 10, 2025Class A Common StockSSaleDisposed−10,265$105.24F26−$1,080,288.630,495Indirect
Apr 10, 2025Class A Common StockSSaleDisposed−16,374$106.08F27−$1,736,953.9214,121Indirect
Apr 10, 2025Class A Common StockSSaleDisposed−11,810$106.93F28−$1,262,843.32,311Indirect

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
Apr 8, 2025Class A Common StockCConversionDisposed−52,384$0.00$07,674,335Indirect
Apr 9, 2025Class A Common StockCConversionDisposed−52,384$0.00$07,621,951Indirect
Apr 10, 2025Class A Common StockCConversionDisposed−52,384$0.00$07,569,567Indirect

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 3 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 $95.91 to $96.875, 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) through (28) to this Form 4.

Referenced by the price of 1 transaction 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 $97.00 to $97.455, inclusive.

Referenced by the price of 1 transaction 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 $98.06 to $98.99, inclusive.

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 $99.095 to $100.06, inclusive.

Referenced by the price of 1 transaction 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 $100.20 to $101.10, inclusive.

Referenced by the price of 1 transaction 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 $101.355 to $102.35, inclusive.

Referenced by the price of 1 transaction 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 $102.385 to $103.38, inclusive.

Referenced by the price of 1 transaction in Table I.

F11

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.40 to $104.395, inclusive.

Referenced by the price of 1 transaction in Table I.

F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.445 to $105.12, inclusive.

Referenced by the price of 1 transaction in Table I.

F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.695 to $97.69, inclusive.

Referenced by the price of 1 transaction in Table I.

F14

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 $98.69, inclusive.

Referenced by the price of 1 transaction in Table I.

F15

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.71 to $99.70, inclusive.

Referenced by the price of 1 transaction in Table I.

F16

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.74 to $100.52, inclusive.

Referenced by the price of 1 transaction in Table I.

F17

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.99 to $106.68, inclusive.

Referenced by the price of 1 transaction in Table I.

F18

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.14 to $108.93, inclusive.

Referenced by the price of 1 transaction in Table I.

F19

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.55 to $109.66, inclusive.

Referenced by the price of 1 transaction in Table I.

F20

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.28 to $112.25, inclusive.

Referenced by the price of 1 transaction in Table I.

F21

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.295 to $113.26, inclusive.

Referenced by the price of 1 transaction in Table I.

F22

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.30 to $114.29, inclusive.

Referenced by the price of 1 transaction in Table I.

F23

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.30 to $114.80, inclusive.

Referenced by the price of 1 transaction in Table I.

F24

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.365 to $103.295, inclusive.

Referenced by the price of 1 transaction in Table I.

F25

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.54 to $104.50, inclusive.

Referenced by the price of 1 transaction in Table I.

F26

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.565 to $105.56, inclusive.

Referenced by the price of 1 transaction in Table I.

F27

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.57 to $106.56, inclusive.

Referenced by the price of 1 transaction in Table I.

F28

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.57 to $107.42, inclusive.

Referenced by the price of 1 transaction in Table I.

Remarks

This Form 4 is the first of two forms being filed to report transactions by the reporting person occurring on April 8, 2025 through April 10, 2025.

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