Confluent, Inc. — Director's Dealing 2023

Dec 1, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Confluent, Inc. (CFLT)
CIK: 0001699838
Period of Report: 2023-11-29

Reporting Person: Schultz Erica (President, Field Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-29	Class A Common Stock	C	50000	—	Acquired	529537	Direct
2023-11-29	Class A Common Stock	S	50000	$21.16	Disposed	479537	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-29	Stock Option (Right to Buy)	$3.41	M	50000	Disposed	2029-12-04	Class B Common Stock (50000)	Direct
2023-11-29	Class B Common Stock	$	M	50000	Acquired		Class A Common Stock (50000)	Direct
2023-11-29	Class B Common Stock	$	C	50000	Disposed		Class A Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	40487	Indirect
Class A Common Stock	11500	Indirect
Class A Common Stock	55422	Indirect
Class A Common Stock	79091	Indirect
Class A Common Stock	13500	Indirect
Class A Common Stock	200000	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 dated August 19, 2023.

F3: The shares were sold at prices ranging from $20.71 to $21.36. 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 are held by The Schultz Family Irrevocable Remainder Trust.

F5: The shares are held by The Bryan and Erica Schultz Family Revocable Trust.

F6: The shares are held by the Erica Schultz 2022 Annuity Trust.

F7: The shares are held by the Erica Schultz 2023 Annuity Trust.

F8: The shares are held by The Ruliffson Schultz Extended Family Trust.

F9: The shares are held by The Schultz Family 2021 Irrevocable Beholder Trust.

F10: The shares subject to the option are immediately exercisable. 25% of the shares vested on 10/28/2020 and the remainder vest in 36 equal monthly installments thereafter, subject to Reporting Person's continuous service through each such vesting date.