Form 4 for NET Cloudflare, Inc.
Accepted 2021-11-17 00:00:00 ET · period of report 2021-11-15 · accession 0001209191-21-065187 · 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 | 2021-11-17 | 2021-11-15 | NET | Kramer Douglas James | GC | C - Cnv Deriv | — | +7,877 | 40.8K | +24% | — |
| DM | 2021-11-17 | 2021-11-15 | NET | Kramer Douglas James | GC | M - OptEx | $0.00 | 0 | 198.4K | New | $0 |
| D | 2021-11-17 | 2021-11-15 | NET | Kramer Douglas James | GC | C - Cnv Deriv | $0.00 | -7,877 | 182.8K | -4% | $0 |
| D | 2021-11-17 | 2021-11-15 | NET | Kramer Douglas James | GC | F - Tax | $206.60 | -7,748 | 190.7K | -4% | -$1.60M |
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 | 2021-11-15 | C | A | 7,877 | — | 40,848 | 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. (F2) Includes 319 shares of Class A Common Stock acquired under the Issuer's employee stock purchase plan on November 15, 2021. |
| 2 | Derivative | Restricted Stock Units | 2021-11-15 | M | D | 6,250 | $0.00 | 31,250 | D | — · — to — | 6,250 Class B Common Stock | (F3) Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class B Common Stock. (F4) The RSUs vest in 16 equal quarterly installments following February 15, 2019. |
| 3 | Derivative | Restricted Stock Units | 2021-11-15 | M | D | 9,375 | $0.00 | 65,625 | D | — · — to — | 9,375 Class B Common Stock | (F3) Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class B Common Stock. (F5) The RSUs vest in 16 equal quarterly installments following August 15, 2019. |
| 4 | Derivative | Class B Common Stock | 2021-11-15 | C | D | 7,877 | $0.00 | 182,798 | D | — · — to — | 7,877 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. |
| 5 | Derivative | Class B Common Stock | 2021-11-15 | F | D | 7,748 | $206.60 | 190,675 | D | — · — to — | 7,748 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. |
| 6 | Derivative | Class B Common Stock | 2021-11-15 | M | A | 15,625 | $0.00 | 198,423 | D | — · — to — | 15,625 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. |