Filing Details

Accession Number:
0000899243-23-004043
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-06 16:30:20
Reporting Period:
2023-02-02
Accepted Time:
2023-02-06 16:30:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1699838 Confluent Inc. CFLT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1626464 Michelangelo Volpi C/O Confluent, Inc.
899 W. Evelyn Avenue
Mountain View CA 94041
Yes No No 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 2023-02-02 2,258,703 $0.00 2,258,703 No 4 C Indirect By Index Ventures (Jersey) L.P.
Class A Common Stock Acquisiton 2023-02-02 55,969 $0.00 55,969 No 4 C Indirect By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
Class A Common Stock Acquisiton 2023-02-02 621,175 $0.00 621,175 No 4 C Indirect By Index Ventures Growth IV (Jersey) L.P.
Class A Common Stock Acquisiton 2023-02-02 45,991 $0.00 45,991 No 4 C Indirect By Yucca (Jersey) SLP
Class A Common Stock Disposition 2023-02-02 552,893 $26.88 68,282 No 4 S Indirect By Index Ventures Growth IV (Jersey) L.P.
Class A Common Stock Disposition 2023-02-02 21,041 $26.88 2,598 No 4 S Indirect By Yucca (Jersey) SLP
Class A Common Stock Disposition 2023-02-02 68,282 $27.28 0 No 4 S Indirect By Index Ventures Growth IV (Jersey) L.P.
Class A Common Stock Disposition 2023-02-02 2,598 $27.28 0 No 4 S Indirect By Yucca (Jersey) SLP
Class A Common Stock Disposition 2023-02-03 2,258,703 $0.00 0 No 4 J Indirect By Index Ventures (Jersey) L.P.
Class A Common Stock Disposition 2023-02-03 55,969 $0.00 0 No 4 J Indirect By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
Class A Common Stock Disposition 2023-02-03 578,668 $0.00 0 No 4 J Indirect By Index Venture Associates VII Limited
Class A Common Stock Disposition 2023-02-03 22,352 $0.00 0 No 4 J Indirect By Yucca (Jersey) SLP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By Index Ventures (Jersey) L.P.
No 4 C Indirect By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
No 4 C Indirect By Index Ventures Growth IV (Jersey) L.P.
No 4 C Indirect By Yucca (Jersey) SLP
No 4 S Indirect By Index Ventures Growth IV (Jersey) L.P.
No 4 S Indirect By Yucca (Jersey) SLP
No 4 S Indirect By Index Ventures Growth IV (Jersey) L.P.
No 4 S Indirect By Yucca (Jersey) SLP
No 4 J Indirect By Index Ventures (Jersey) L.P.
No 4 J Indirect By Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P.
No 4 J Indirect By Index Venture Associates VII Limited
No 4 J Indirect By Yucca (Jersey) SLP
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 2023-02-02 2,258,703 $0.00 2,258,703 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-02-02 55,969 $0.00 55,969 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-02-02 621,175 $0.00 621,175 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-02-02 45,991 $0.00 45,991 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,422,870 No 4 C Indirect
307,827 No 4 C Indirect
3,416,465 No 4 C Indirect
252,950 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 108,230 Direct
Class A Common Stock 54,720 Indirect By Trust
Footnotes
  1. On February 2, 2023, Index Ventures VII (Jersey) L.P. ("Index VII") converted in the aggregate 2,258,703 shares of the Issuer's Class B Common Stock into 2,258,703 shares of the Issuer's Class A Common Stock. Subsequently, on February 3, 2023, Index VII distributed in-kind, without consideration, 2,258,703 shares of Class A Common Stock pro-rata to its limited partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). On the same date, IVA VII distributed in-kind, without consideration, 564,676 shares of Class A Common Stock received in the Index VII distribution pro-rata to its shareholders, in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
  2. The shares are held by Index VII. IVA VII is the general partner of Index VII. The reporting person is a partner within the Index Ventures group. Advisors within the Index Ventures group provide advice to each of Index VII, Index Ventures VII Parallel Entrepreneur Fund (Jersey), L.P. ("Index VII Parallel") and Index Ventures Growth IV (Jersey) L.P. ("Index Growth IV"). The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.
  3. On February 2, 2023, Index Ventures VII Parallel Entrepreneur Fund (Jersey) L.P. ("Index VII Parallel") converted in the aggregate 55,969 shares of the Issuer's Class B Common Stock into 55,969 shares of the Issuer's Class A Common Stock. Subsequently, on February 3, 2023 Index VII Parallel distributed in-kind, without consideration, 55,969 shares of Class A Common Stock pro-rata to its limited partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act. On the same date, IVA VII distributed in-kind, without consideration, 13,992 shares of Class A Common Stock received in the Index VII distribution pro-rata to its shareholders, in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
  4. The shares are held by Index VII Parallel. IVA VII is the general partner of Index VII Parallel. The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.
  5. On February 2, 2023, Index Ventures Growth IV (Jersey) L.P. ("Index Growth IV") converted in the aggregate 621,175 shares of the Issuer's Class B Common Stock into 621,175 shares of the Issuer's Class A Common Stock.
  6. The shares are held by Index Growth IV. Index Venture Growth Associates IV Limited ("IVGA IV") is the general partner of Index Growth IV. The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.
  7. On February 2, 2023, Yucca (Jersey) SLP ("Yucca") converted in the aggregate 45,991 shares of the Issuer's Class B Common Stock into 45,991 shares of the Issuer's Class A Common Stock. Subsequently, on February 3, 2023, Yucca distributed in-kind, without consideration, 22,352 shares of Class A Common Stock pro-rata to its partners in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
  8. The shares are held of record by Yucca. Yucca is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Index funds' investment in the Issuer. The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.
  9. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.14 - $27.137267. 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 range set forth in this footnote.
  10. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.14 - $27.52. 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 range set forth in this footnote.
  11. The shares are held of record by IVA VII.
  12. Includes shares of Class A Common Stock received in the distributions described herein made in accordance with the exemptions afforded under Rule 16a-9(a) and Rule 16a-13 of the Exchange Act.
  13. The shares are held by the Volpi-Cupal Family Trust, of which the reporting person serves as trustee. The reporting person disclaims Section 16 beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for Section 16 or any other purpose.
  14. Each share of Class B Common Stock held by the reporting person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock is also convertible at any time at the option of the holder into one share of Class A Common Stock.