Confluent, Inc. — Director's Dealing 2022

Nov 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Confluent, Inc. (CFLT)
CIK: 0001699838
Period of Report: 2022-11-10

Reporting Person: MILLER MATTHEW CRAIG (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-10	Class A Common Stock	C	93461	—	Acquired	93461	Indirect
2022-11-10	Class A Common Stock	C	68843	—	Acquired	68843	Indirect
2022-11-10	Class A Common Stock	C	67569	—	Acquired	67569	Indirect
2022-11-10	Class A Common Stock	C	149687	—	Acquired	149687	Indirect
2022-11-10	Class A Common Stock	J	93461	—	Disposed	0	Indirect
2022-11-10	Class A Common Stock	J	68843	—	Disposed	0	Indirect
2022-11-10	Class A Common Stock	J	67569	—	Disposed	0	Indirect
2022-11-10	Class A Common Stock	J	149687	—	Disposed	0	Indirect
2022-11-10	Class A Common Stock	C	22673	—	Acquired	46981	Indirect
2022-11-10	Class A Common Stock	J	1635	—	Acquired	48616	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-10	Class B Common Stock	$	C	93461	Disposed		Class A Common Stock (93461)	Indirect
2022-11-10	Class B Common Stock	$	J	990731	Disposed		Class A Common Stock (990731)	Indirect
2022-11-10	Class B Common Stock	$	C	68843	Disposed		Class A Common Stock (68843)	Indirect
2022-11-10	Class B Common Stock	$	J	23324	Disposed		Class A Common Stock (23324)	Indirect
2022-11-10	Class B Common Stock	$	C	67569	Disposed		Class A Common Stock (67569)	Indirect
2022-11-10	Class B Common Stock	$	J	297855	Disposed		Class A Common Stock (297855)	Indirect
2022-11-10	Class B Common Stock	$	C	149687	Disposed		Class A Common Stock (149687)	Indirect
2022-11-10	Class B Common Stock	$	J	1279796	Acquired		Class A Common Stock (1279796)	Indirect
2022-11-10	Class B Common Stock	$	J	264245	Acquired		Class A Common Stock (264245)	Indirect
2022-11-10	Class B Common Stock	$	C	22673	Disposed		Class A Common Stock (22673)	Indirect

Footnotes

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 and the contribution by such partners or members to the applicable recipient fund.

F3: The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth VII Management, L.P., which is the general partner of each of Sequoia Capital U.S. Growth Fund VII, L.P. and Sequoia Capital U.S. Growth VII Principals Fund, L.P. (collectively, the GFVII Funds); and (ii) the general partner of SC U.S. Growth VIII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VIII, L.P. (the GFVIII Fund).

F4: (Continued from Footnote 3) 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.

F5: The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is (i) the general partner of Sequoia Capital Fund Management, L.P., which is the general partner of each of Sequoia Capital Fund, LP ("SCF") and 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.

F6: The Reporting Person is a member of Sequoia Grove II, LLC. 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.