Form 4 for NET Cloudflare, Inc.
Accepted 2024-06-05 00:00:00 ET · period of report 2024-06-04 · accession 0001415889-24-015603 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2024-06-05 | 2024-06-05 | NET | Ledbetter Carl | Dir | S - Sale | $68.65 | -30.3K | 1.11M | -3% | -$2.08M |
| 2024-06-05 | 2024-06-04 | NET | Ledbetter Carl | Dir | A - Grant | $0.00 | +3,039 | 18.4K | +20% | $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 | 2024-06-05 | S | D | 30,270 | $68.65 | 1,110,395 | I See footnote | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.22 to $69.16, inclusive. The reporting person undertakes to provide 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. (F4) The shares are held of record by the Carl S. Ledbetter Trust dated February 14, 2020, for which the reporting person serves as a trustee. |
| 2 | Common | Class A Common Stock | 2024-06-04 | A | A | 3,039 | $0.00 | 18,427 | D | — | — | (F1) Represents an automatic annual restricted stock unit, or RSU, award issued pursuant to the Issuer's Outside Director Compensation Policy. The RSUs vest on the earlier of (i) June 4, 2025 or (ii) the day prior to the date of the Issuer's next annual meeting of stockholders. |