Filing Details

Accession Number:
0000899243-21-036209
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-15 20:50:28
Reporting Period:
2021-09-13
Accepted Time:
2021-09-15 20:50:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1477333 Cloudflare Inc. NET Services-Prepackaged Software (7372) 270805829
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1786925 Matthew Prince C/O Cloudflare, Inc.
101 Townsend Street
San Francisco CA 94107
Ceo & Chair Of The Board Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-09-13 52,385 $0.00 52,385 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-09-13 3,084 $121.47 49,301 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-13 9,551 $122.39 39,750 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-13 10,818 $123.39 28,932 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-13 19,224 $124.49 9,708 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-13 6,308 $125.22 3,400 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-13 1,100 $126.54 2,300 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-13 2,300 $127.70 0 No 4 S Indirect See footnote
Class A Common Stock Acquisiton 2021-09-14 52,385 $0.00 52,385 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-09-14 10,571 $126.61 41,814 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-14 30,884 $127.31 10,930 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-14 10,830 $128.20 100 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-14 100 $128.89 0 No 4 S Indirect See footnote
Class A Common Stock Acquisiton 2021-09-15 52,385 $0.00 52,385 No 4 C Indirect See footnote
Class A Common Stock Disposition 2021-09-15 6,902 $125.78 45,483 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-15 21,860 $126.55 23,623 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-15 7,609 $127.42 16,014 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-09-15 16,014 $128.40 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 C Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2021-09-13 52,385 $0.00 52,385 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-09-14 52,385 $0.00 52,385 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-09-15 52,385 $0.00 52,385 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
22,479,634 No 4 C Indirect
22,427,249 No 4 C Indirect
22,374,864 No 4 C Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 2,787,450 2,787,450 Indirect
Class A Common Stock Class B Common Stock $0.00 552,665 552,665 Indirect
Class A Common Stock Class B Common Stock $0.00 4,000,000 4,000,000 Indirect
Class A Common Stock Class B Common Stock $0.00 3,942,717 3,942,717 Indirect
Class A Common Stock Class B Common Stock $0.00 1,060,000 1,060,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2,787,450 2,787,450 Indirect
552,665 552,665 Indirect
4,000,000 4,000,000 Indirect
3,942,717 3,942,717 Indirect
1,060,000 1,060,000 Indirect
Footnotes
  1. 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. The shares are held of record by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee.
  3. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2020.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.83 to $121.81, 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 (4) through (17) to this Form 4.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.83 to $122.81, inclusive.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.85 to $123.84, inclusive.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.85 to $124.84, inclusive.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.85 to $125.75, inclusive.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.12 to $127.11, inclusive.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.23 to $128.13, inclusive.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.83 to $126.82, inclusive.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.83 to $127.825, inclusive.
  13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.83 to $128.80, inclusive.
  14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.09 to $126.08, inclusive.
  15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.09 to $127.08, inclusive.
  16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.09 to $128.06, inclusive.
  17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.09 to $128.79, inclusive.
  18. Of the reported shares, 2,000,000 vest in 24 months beginning on October 13, 2021.
  19. The shares are held of record by The Matthew Prince 2019 Annuity Trust dated May 22, 2019, for which the reporting person serves as co-trustee and investment advisor.
  20. The shares are held of record by The Matthew Prince 2020 Annuity Trust dated May 20, 2020, for which the reporting person serves as co-trustee and investment advisor.
  21. The shares are held of record by The Matthew Prince 2021 Grantor Retained Annuity Trust #1 UA 5/25/2021, for which the reporting person serves as co-trustee and investment advisor.
  22. The shares are held of record by The Prince Family Nonexempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.
  23. The shares are held of record by The Prince Family Exempt Irrevocable Trust dated March 29, 2016, for which the reporting person serves as an investment advisor.