Form 4 for NET Cloudflare, Inc.
Accepted 2021-09-21 00:00:00 ET · period of report 2021-09-20 · accession 0001209191-21-057194 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-21 | 2021-09-20 | NET | Underwood Paul D. | CAO | S - Sale | $125.70 | -2,000 | 13.3K | -13% | -$251.4K |
| D | 2021-09-21 | 2021-09-20 | NET | Underwood Paul D. | CAO | C - Cnv Deriv | — | +2,000 | 15.3K | +15% | — |
| DM | 2021-09-21 | 2021-09-20 | NET | Underwood Paul D. | CAO | M - OptEx | $0.00 | 0 | 83.5K | New | $0 |
| D | 2021-09-21 | 2021-09-20 | NET | Underwood Paul D. | CAO | C - Cnv Deriv | $0.00 | -2,000 | 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 | 2021-09-20 | S | D | 2,000 | $125.70 | 13,285 | D | — | — | |
| 2 | Common | Class A Common Stock | 2021-09-20 | C | A | 2,000 | — | 15,285 | 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. |
| 3 | Derivative | Class B Common Stock | 2021-09-20 | M | A | 2,000 | $0.00 | 2,000 | D | — · — to — | 2,000 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. |
| 4 | Derivative | Employee Stock Option (right to buy) | 2021-09-20 | M | D | 2,000 | $0.00 | 83,500 | D | $9.97 · — to 2029-05-22 | 2,000 Class B Common Stock | (F3) The option is subject to an early exercise provision and is immediately exercisable. Shares subject to the option vest in 48 equal monthly installments beginning on September 13, 2019. |
| 5 | Derivative | Class B Common Stock | 2021-09-20 | C | D | 2,000 | $0.00 | 0 | D | — · — to — | 2,000 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. |