MILLER MATTHEW CRAIG 4
4 · Confluent, Inc. · Filed Feb 14, 2025
Insider Transaction Report
Form 4
Confluent, Inc.CFLT
MILLER MATTHEW CRAIG
Director
Transactions
- Conversion
Class A Common Stock
2025-02-13+505,527→ 505,527 total(indirect: By LLC) - Other
Class A Common Stock
2025-02-13+56→ 9,886 total(indirect: Estate planning vehicle) - Other
Class A Common Stock
2025-02-13−505,527→ 0 total(indirect: By LLC) - Conversion
Class B Common Stock
2025-02-13−505,527→ 0 total(indirect: By LLC)→ Class A Common Stock (505,527 underlying) - Other
Class A Common Stock
2025-02-13−3,239,038→ 0 total(indirect: Sequoia Capital Fund, LP) - Conversion
Class B Common Stock
2025-02-13−3,239,038→ 0 total(indirect: Sequoia Capital Fund, LP)→ Class A Common Stock (3,239,038 underlying) - Conversion
Class A Common Stock
2025-02-13+3,239,038→ 3,239,038 total(indirect: Sequoia Capital Fund, LP)
Footnotes (3)
- [F1]The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock on a one-for-one basis at the Reporting Person's election and has no expiration date. In addition, upon any transfer of shares of Class B Common Stock, each such transferred share will automatically convert into one share of Class A Common Stock, except for certain "Permitted Transfers" described in the Issuer's certificate of incorporation.
- [F2]Represents a pro rata in-kind distribution of shares of Common Stock of the Issuer to partners or members for no consideration and includes subsequent distributions by general partners or managing members to their respective partners or members.
- [F3]The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of Sequoia Capital Fund, LP ("SCF") and the managing member of Sequoia Capital Fund Parallel, LLC ("SCFP"). The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.