0000899243-23-020511.txt : 20231129 0000899243-23-020511.hdr.sgml : 20231129 20231129183943 ACCESSION NUMBER: 0000899243-23-020511 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231127 FILED AS OF DATE: 20231129 DATE AS OF CHANGE: 20231129 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Zatlyn Michelle CENTRAL INDEX KEY: 0001786951 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39039 FILM NUMBER: 231453612 MAIL ADDRESS: STREET 1: C/O CLOUDFLARE, INC. STREET 2: 101 TOWNSEND STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94107 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Cloudflare, Inc. CENTRAL INDEX KEY: 0001477333 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 270805829 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 101 TOWNSEND ST. CITY: SAN FRANCISCO STATE: CA ZIP: 94107 BUSINESS PHONE: 888.993.5273 MAIL ADDRESS: STREET 1: 101 TOWNSEND ST. CITY: SAN FRANCISCO STATE: CA ZIP: 94107 FORMER COMPANY: FORMER CONFORMED NAME: CloudFlare, Inc. DATE OF NAME CHANGE: 20091120 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2023-11-27 0 0001477333 Cloudflare, Inc. NET 0001786951 Zatlyn Michelle C/O CLOUDFLARE, INC. 101 TOWNSEND STREET SAN FRANCISCO CA 94107 1 1 0 0 President and COO 1 Class A Common Stock 2023-11-27 4 C 0 10256 A 39323 I See footnote Class A Common Stock 2023-11-27 4 S 0 10176 73.2023 D 29147 I See footnote Class A Common Stock 2023-11-27 4 S 0 80 73.80 D 29067 I See footnote Class A Common Stock 2023-11-27 4 C 0 2564 A 2564 I See footnote Class A Common Stock 2023-11-27 4 S 0 2544 73.2023 D 20 I See footnote Class A Common Stock 2023-11-27 4 S 0 20 73.80 D 0 I See footnote Class A Common Stock 2023-11-28 4 C 0 23781 A 52848 I See footnote Class A Common Stock 2023-11-28 4 G 0 13525 0.00 D 39323 I See footnote Class A Common Stock 2023-11-28 4 S 0 10256 73.5799 D 29067 I See footnote Class A Common Stock 2023-11-28 4 C 0 2564 A 2564 I See footnote Class A Common Stock 2023-11-28 4 S 0 2564 73.5799 D 0 I See footnote Class A Common Stock 2023-11-29 4 C 0 10256 A 39323 I See footnote Class A Common Stock 2023-11-29 4 S 0 7375 76.2334 D 31948 I See footnote Class A Common Stock 2023-11-29 4 S 0 2881 76.6599 D 29067 I See footnote Class A Common Stock 2023-11-29 4 C 0 2564 A 2564 I See footnote Class A Common Stock 2023-11-29 4 S 0 1845 76.2336 D 719 I See footnote Class A Common Stock 2023-11-29 4 S 0 719 76.6599 D 0 I See footnote Class A Common Stock 249830 D Employee Stock Option (right to buy) 2.04 2023-11-27 4 M 0 10256 0.00 D 2027-08-07 Class B Common Stock 10256 3651268 D Class B Common Stock 2023-11-27 4 M 0 10256 0.00 A Class A Common Stock 10256 10256 D Class B Common Stock 2023-11-27 4 C 0 10256 0.00 D Class A Common Stock 10256 0 D Class B Common Stock 2023-11-27 4 C 0 2564 0.00 D Class A Common Stock 2564 1489104 I See footnote Employee Stock Option (right to buy) 2.04 2023-11-28 4 M 0 10256 0.00 D 2027-08-07 Class B Common Stock 10256 3641012 D Class B Common Stock 2023-11-28 4 M 0 10256 0.00 A Class A Common Stock 10256 10256 D Class B Common Stock 2023-11-28 4 C 0 10256 0.00 D Class A Common Stock 10256 0 D Class B Common Stock 2023-11-28 4 C 0 13525 0.00 D Class A Common Stock 13525 3081285 I See footnote Class B Common Stock 2023-11-28 4 C 0 2564 0.00 D Class A Common Stock 2564 1486540 I See footnote Employee Stock Option (right to buy) 2.04 2023-11-29 4 M 0 10256 0.00 D 2027-08-07 Class B Common Stock 10256 3630756 D Class B Common Stock 2023-11-29 4 M 0 10256 0.00 A Class A Common Stock 10256 10256 D Class B Common Stock 2023-11-29 4 C 0 10256 0.00 D Class A Common Stock 10256 0 D Class B Common Stock 2023-11-29 4 C 0 2564 0.00 D Class A Common Stock 2564 1483976 I See footnote Class B Common Stock Class A Common Stock 294275 294275 I See footnote Class B Common Stock Class A Common Stock 808611 808611 I See footnote Class B Common Stock Class A Common Stock 1562792 1562792 I See footnote Class B Common Stock Class A Common Stock 250000 250000 I See footnote Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date. The shares are held of record by The Sutherland/Zatlyn Revocable Trust dated November 17, 2016, for which the reporting person serves as co-trustee (the "Revocable Trust"). The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2022. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.80 to $73.79, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) and (6) through (8) to this Form 4. The shares are held of record by The SZ 2021 Irrevocable Trust dated November 6, 2021, for which the reporting person serves as the appointer. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.25 to $74.12, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.53 to $76.52, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.53 to $76.93, inclusive. Shares subject to the option are fully vested and immediately exercisable. Upon the conversion of the shares of Class B Common Stock to Class A Common Stock, the shares were re-registered and are now held directly by the Revocable Trust. The shares are held of record by The SZ 2020 Irrevocable Trust dated November 25, 2020, for which the reporting person serves as an investment advisor. The shares are held of record by The Sutherland/Zatlyn 2022 Annuity Trust dated May 26, 2022, for which the reporting person serves as co-trustee. The shares are held of record by The Sutherland/Zatlyn 2023 Annuity Trust dated May 24, 2023, for which the reporting person serves as co-trustee. The shares are held of record by The Sutherland/Zatlyn 2023 Annuity Trust II dated August 29, 2023, for which the reporting person serves as co-trustee. /s/ Lindsey Cochran, by power of attorney 2023-11-29