Confluent, Inc. — Director's Dealing 2021

Jun 30, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Confluent, Inc. (CFLT)
CIK: 0001699838
Period of Report: 2021-06-28

Reporting Person: Volpi Michelangelo (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-28	Series B Preferred Stock	$	C	19892208	Disposed		Class B Common Stock (19892208)	Indirect
2021-06-28	Series C Preferred Stock	$	C	2690028	Disposed		Class B Common Stock (2690028)	Indirect
2021-06-28	Class B Common Stock	$	C	22582236	Acquired		Class A Common Stock (22582236)	Indirect
2021-06-28	Series B Preferred Stock	$	C	492912	Disposed		Class B Common Stock (492912)	Indirect
2021-06-28	Series C Preferred Stock	$	C	66656	Disposed		Class B Common Stock (66656)	Indirect
2021-06-28	Class B Common Stock	$	C	559568	Acquired		Class A Common Stock (559568)	Indirect
2021-06-28	Series D Preferred Stock	$	C	5226698	Disposed		Class B Common Stock (5226698)	Indirect
2021-06-28	Series E Preferred Stock	$	C	985055	Disposed		Class B Common Stock (985055)	Indirect
2021-06-28	Class B Common Stock	$	C	6211753	Acquired		Class A Common Stock (6211753)	Indirect
2021-06-28	Series B Preferred Stock	$	C	310428	Disposed		Class B Common Stock (310428)	Indirect
2021-06-28	Series C Preferred Stock	$	C	41980	Disposed		Class B Common Stock (41980)	Indirect
2021-06-28	Series D Preferred Stock	$	C	90391	Disposed		Class B Common Stock (90391)	Indirect
2021-06-28	Series E Preferred Stock	$	C	17035	Disposed		Class B Common Stock (17035)	Indirect
2021-06-28	Class B Common Stock	$	C	459834	Acquired		Class A Common Stock (459834)	Indirect

Footnotes

F1: Each share of Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock automatically converted into one share of Class B Common Stock immediately upon the closing of the Issuer's initial public offering (IPO).

F2: 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.

F3: The shares are held by Index Ventures VII (Jersey), L.P. ("Index VII"). Index Venture Associates VII Limited ("IVA VII") is the managing general partner of Index VII.

F4: The Reporting Person is a partner with the Index Ventures group. Advisors within the Index Ventures group provide advice to Index Ventures VII (Jersey), L.P., Index Ventures Growth IV (Jersey), L.P. and Yucca (Jersey) SLP (collectively, the "Index Funds"). The Reporting Person is involved in making recommendations to the Index Funds, but does not hold voting or dispositive power over the shares held by the Index Funds. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

F5: The shares are held by Index Ventures VII Parallel Entrepreneur Fund (Jersey), L.P. ("Index VII Parallel"). IVA VII is the managing general partner of Index VII Parallel.

F6: The shares are held by Index Ventures Growth IV (Jersey), L.P. ("Index Growth IV"). Index Venture Growth Associates IV Limited ("IVGA IV") is the managing general partner of Index Growth IV.

F7: The shares are held by Yucca (Jersey) SLP ("Yucca"). Yucca is the administrator of the Index co-investment vehicles that are contractually required to mirror the relevant Fund's investment in the issuer (in this case, Index Growth IV, Index VII and Index VII Parallel).