Form 4 for NET Cloudflare, Inc.
Accepted 2021-08-17 00:00:00 ET · period of report 2021-08-15 · accession 0001209191-21-051973 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-08-17 | 2021-08-17 | NET | Suder Katrin | Dir | S - Sale | $120.05 | -7,500 | 9,163 | -45% | -$900.4K |
| D | 2021-08-17 | 2021-08-17 | NET | Suder Katrin | Dir | C - Cnv Deriv | — | +7,500 | 16.6K | +83% | — |
| DM | 2021-08-17 | 2021-08-15 | NET | Suder Katrin | Dir | M - OptEx | $0.00 | 0 | 7,500 | New | $0 |
| D | 2021-08-17 | 2021-08-17 | NET | Suder Katrin | Dir | C - Cnv Deriv | $0.00 | -7,500 | 0 | -100% | $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 | 2021-08-17 | S | D | 100 | $121.17 | 9,063 | D | — | — | |
| 2 | Common | Class A Common Stock | 2021-08-17 | S | D | 3,555 | $119.63 | 13,008 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.02 to $120.00, 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 (3) and (4) to this Form 4. |
| 3 | Common | Class A Common Stock | 2021-08-17 | C | A | 7,500 | — | 16,563 | D | — | — | (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. |
| 4 | Common | Class A Common Stock | 2021-08-17 | S | D | 3,845 | $120.41 | 9,163 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.07 to $121.00, inclusive. |
| 5 | Derivative | Restricted Stock Units | 2021-08-15 | M | D | 7,500 | $0.00 | 60,000 | D | — · — to — | 7,500 Class B Common Stock | (F5) Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class B Common Stock. (F6) The RSUs vest in 16 equal quarterly installments following August 15, 2019. |
| 6 | Derivative | Class B Common Stock | 2021-08-17 | C | D | 7,500 | $0.00 | 0 | D | — · — to — | 7,500 Class A Common Stock | (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. |
| 7 | Derivative | Class B Common Stock | 2021-08-15 | M | A | 7,500 | $0.00 | 7,500 | D | — · — to — | 7,500 Class A Common Stock | (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. |