Confluent, Inc. — Director's Dealing 2021

Nov 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Confluent, Inc. (CFLT)
CIK: 0001699838
Period of Report: 2021-11-11

Reporting Person: Tomlinson Steffan (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-11	Class A Common Stock	C	722600	—	Acquired	722600	Direct
2021-11-11	Class A Common Stock	S	48741	$87.85	Disposed	673859	Direct
2021-11-11	Class A Common Stock	S	168839	$88.39	Disposed	505020	Direct
2021-11-11	Class A Common Stock	S	387878	$89.49	Disposed	117142	Direct
2021-11-11	Class A Common Stock	S	88258	$90.38	Disposed	28884	Direct
2021-11-11	Class A Common Stock	S	28884	$91.20	Disposed	0	Direct
2021-11-12	Class A Common Stock	C	27400	—	Acquired	27400	Direct
2021-11-12	Class A Common Stock	S	4387	$88.34	Disposed	23013	Direct
2021-11-12	Class A Common Stock	S	9456	$89.20	Disposed	13557	Direct
2021-11-12	Class A Common Stock	S	7157	$89.94	Disposed	6400	Direct
2021-11-12	Class A Common Stock	S	2000	$91.04	Disposed	4400	Direct
2021-11-12	Class A Common Stock	S	2600	$92.30	Disposed	1800	Direct
2021-11-12	Class A Common Stock	S	1600	$93.25	Disposed	200	Direct
2021-11-12	Class A Common Stock	S	200	$93.82	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-11	Stock Option (Right to Buy)	$6.65	M	722600	Disposed	2030-08-05	Class B Common Stock (722600)	Direct
2021-11-11	Class B Common Stock	$	M	722600	Acquired		Class A Common Stock (722600)	Direct
2021-11-11	Class B Common Stock	$	C	722600	Disposed		Class A Common Stock (722600)	Direct
2021-11-12	Stock Option (Right to Buy)	$6.65	M	27400	Disposed	2030-08-05	Class B Common Stock (27400)	Direct
2021-11-12	Class B Common Stock	$	M	27400	Acquired		Class A Common Stock (27400)	Direct
2021-11-12	Class B Common Stock	$	C	27400	Disposed		Class A Common Stock (27400)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (150425)	150425	Indirect

Footnotes

F1: 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 will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock.

F2: Shares sold pursuant to a 10b5-1 trading plan.

F3: The shares were sold at prices ranging from $87.03 to $88.02. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: The shares were sold at prices ranging from $88.03 to $89.02. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F5: The shares were sold at prices ranging from $89.03 to $90.02. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F6: The shares were sold at prices ranging from $90.03 to $91.02. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7: The shares were sold at prices ranging from $91.03 to $91.50. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F8: The shares were sold at prices ranging from $87.64 to $88.61. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F9: The shares were sold at prices ranging from $88.64 to $89.63. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F10: The shares were sold at prices ranging from $89.65 to $90.62. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F11: The shares were sold at prices ranging from $90.65 to $91.57. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F12: The shares were sold at prices ranging from $91.67 to $92.65. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F13: The shares were sold at prices ranging from $92.81 to $93.77. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F14: The shares were sold at prices ranging from $93.81 to $93.82. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F15: The shares subject to the option are immediately exercisable. 25% of the shares vested on June 15, 2021 and the remainder vest in 36 equal monthly installments thereafter, subject to Reporting Person's continuous service through each such vesting date.