Form 4 for NET Cloudflare, Inc.
Accepted 2022-03-17 00:00:00 ET · period of report 2022-03-17 · accession 0001209191-22-019852 · 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 | 2022-03-17 | 2022-03-17 | NET | SEIFERT THOMAS J | CFO | C - Cnv Deriv | — | +10.0K | 96.4K | +12% | — |
| D | 2022-03-17 | 2022-03-17 | NET | SEIFERT THOMAS J | CFO | S - Sale | $100.00 | -10.0K | 86.4K | -10% | -$1.00M |
| DM | 2022-03-17 | 2022-03-17 | NET | SEIFERT THOMAS J | CFO | M - OptEx | $0.00 | 0 | 268.9K | New | $0 |
| D | 2022-03-17 | 2022-03-17 | NET | SEIFERT THOMAS J | CFO | C - Cnv Deriv | $0.00 | -10.0K | 258.9K | -4% | $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 | 2022-03-17 | C | A | 10,000 | — | 96,433 | 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. |
| 2 | Common | Class A Common Stock | 2022-03-17 | S | D | 10,000 | $100.00 | 86,433 | D | — | — | |
| 3 | Derivative | Employee Stock Option (right to buy) | 2022-03-17 | M | D | 10,000 | $0.00 | 214,058 | D | $1.95 · — to 2027-06-29 | 10,000 Class B Common Stock | (F3) The option is subject to an early exercise provision and is immediately exercisable. One-fourth of the total shares vested on June 1, 2018 and the remaining shares vest in 36 equal monthly installments thereafter. |
| 4 | Derivative | Class B Common Stock | 2022-03-17 | C | D | 10,000 | $0.00 | 258,925 | D | — · — to — | 10,000 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. |
| 5 | Derivative | Class B Common Stock | 2022-03-17 | M | A | 10,000 | $0.00 | 268,925 | D | — · — to — | 10,000 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. |