Form 4 for NET Cloudflare, Inc.
Accepted 2025-05-15 00:00:00 ET · period of report 2025-05-13 · accession 0001104659-25-049693 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2025-05-15 | 2025-05-13+ | NET | Prince Matthew | CEO, Board Co-COB, Dir, 10% | C - Cnv Deriv | — | +157.2K | 52.4K | New | — |
| D | 2025-05-15 | 2025-05-15 | NET | Prince Matthew | CEO, Board Co-COB, Dir, 10% | F - Tax | $154.49 | -14.1K | 399.3K | -3% | -$2.18M |
| DMI | 2025-05-15 | 2025-05-13+ | NET | Prince Matthew | CEO, Board Co-COB, Dir, 10% | S - Sale | $151.37 | -157.2K | 18.1K | -90% | -$23.79M |
| DMI | 2025-05-15 | 2025-05-13+ | NET | Prince Matthew | CEO, Board Co-COB, Dir, 10% | C - Cnv Deriv | $0.00 | -157.2K | 7.46M | -2% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-05-13 | C | A | 52,384 | — | 52,384 | I See footnote | — | — | (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. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 2 | Common | Class A Common Stock | 2025-05-15 | F | D | 14,137 | $154.49 | 399,276 | D | — | — | |
| 3 | Common | Class A Common Stock | 2025-05-13 | S | D | 526 | $143.91 | 51,858 | I See footnote | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $143.54 to $144.51, 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 (19) to this Form 4. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 4 | Common | Class A Common Stock | 2025-05-13 | S | D | 2,728 | $145.14 | 49,130 | I See footnote | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $144.54 to $145.39, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 5 | Common | Class A Common Stock | 2025-05-13 | S | D | 5,078 | $146.15 | 44,052 | I See footnote | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.61 to $146.54, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 6 | Common | Class A Common Stock | 2025-05-13 | S | D | 9,080 | $147.09 | 34,972 | I See footnote | — | — | (F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.66 to $147.61, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 7 | Common | Class A Common Stock | 2025-05-13 | S | D | 4,115 | $148.15 | 30,857 | I See footnote | — | — | (F8) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.71 to $148.69, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 8 | Common | Class A Common Stock | 2025-05-13 | S | D | 4,187 | $149.14 | 26,670 | I See footnote | — | — | (F9) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.730 to $149.72, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 9 | Common | Class A Common Stock | 2025-05-13 | S | D | 20,644 | $150.39 | 6,026 | I See footnote | — | — | (F10) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.73 to $150.725, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 10 | Common | Class A Common Stock | 2025-05-13 | S | D | 6,026 | $150.90 | 0 | I See footnote | — | — | (F11) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.735 to $151.29, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 11 | Common | Class A Common Stock | 2025-05-14 | C | A | 52,384 | — | 52,384 | I See footnote | — | — | (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. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 12 | Common | Class A Common Stock | 2025-05-14 | S | D | 3,780 | $151.08 | 48,604 | I See footnote | — | — | (F12) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.575 to $151.515, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 13 | Common | Class A Common Stock | 2025-05-14 | S | D | 29,888 | $152.17 | 18,716 | I See footnote | — | — | (F13) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $151.735 to $152.73, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 14 | Common | Class A Common Stock | 2025-05-14 | S | D | 13,041 | $153.23 | 5,675 | I See footnote | — | — | (F14) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $152.775 to $153.76, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 15 | Common | Class A Common Stock | 2025-05-14 | S | D | 5,675 | $154.21 | 0 | I See footnote | — | — | (F15) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $153.80 to $154.54, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 16 | Common | Class A Common Stock | 2025-05-15 | C | A | 52,384 | — | 52,384 | I See footnote | — | — | (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. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 17 | Common | Class A Common Stock | 2025-05-15 | S | D | 4,490 | $151.28 | 47,894 | I See footnote | — | — | (F16) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.62 to $151.61, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 18 | Common | Class A Common Stock | 2025-05-15 | S | D | 22,256 | $152.20 | 25,638 | I See footnote | — | — | (F17) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $151.62 to $152.61, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 19 | Common | Class A Common Stock | 2025-05-15 | S | D | 15,212 | $152.95 | 10,426 | I See footnote | — | — | (F18) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $152.62 to $153.61, inclusive. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 20 | Common | Class A Common Stock | 2025-05-15 | S | D | 10,426 | $153.91 | 18,063 | I See footnote | — | — | (F19) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $153.62 to $154.36, inclusive. (F20) The 18,063 shares issuable upon vesting and settlement of the RSUs reported in the row immediately below were re-registered and are now held directly by the Revocable Trust. (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). |
| 21 | Derivative | Class B Common Stock | 2025-05-15 | C | D | 52,384 | $0.00 | 7,412,415 | I See footnote | — · — to — | 52,384 Class A Common Stock | (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). (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. |
| 22 | Derivative | Class B Common Stock | 2025-05-13 | C | D | 52,384 | $0.00 | 7,517,183 | I See footnote | — · — to — | 52,384 Class A Common Stock | (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). (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. |
| 23 | Derivative | Class B Common Stock | 2025-05-14 | C | D | 52,384 | $0.00 | 7,464,799 | I See footnote | — · — to — | 52,384 Class A Common Stock | (F2) The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). (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. |