0001209191-23-053213.txt : 20231019
0001209191-23-053213.hdr.sgml : 20231019
20231019195718
ACCESSION NUMBER: 0001209191-23-053213
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230718
FILED AS OF DATE: 20231019
DATE AS OF CHANGE: 20231019
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Riley Janel
CENTRAL INDEX KEY: 0001979391
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39039
FILM NUMBER: 231335786
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
2023-07-18
0
0001477333
Cloudflare, Inc.
NET
0001979391
Riley Janel
C/O CLOUDFLARE, INC.
101 TOWNSEND STREET
SAN FRANCISCO
CA
94107
0
1
0
0
Chief Accounting Officer
0
Class A Common Stock
2023-07-18
4
A
0
120955
0.00
A
120955
D
Performance Stock Option (right to buy)
67.79
2023-08-07
4
A
0
100000
0.00
A
2033-08-06
Class A Common Stock
100000
100000
D
The reported shares are represented by restricted stock units, or RSUs, which vest as follows: 1.563% of the total RSUs vest quarterly over three quarters commencing on August 15, 2023, 25.00% of the total RSUs vest on May 15, 2024, and 5.86% of the total RSUs vest quarterly thereafter until May 15, 2027.
The shares subject to the Performance Stock Option ("PSO") are comprised of nine separate tranches that become eligible to vest upon achievement of certain stock price targets ranging from $72.00 to $579.00 (the "2023 Stock Price Goals") at any time between August 7, 2023 and August 6, 2033. Upon satisfaction of a 2023 Stock Price Goal, 1/6 of the shares subject to the applicable tranche vests and becomes exercisable on each Issuer quarterly vesting date (2/15, 5/15, 8/15 or 11/15) occurring on or after the date of certification of achievement of the applicable 2023 Stock Price Goal for such tranche. The PSO is subject to the reporting person's continued status as a Service Provider through each vesting date. The time-based vesting requirements are waived upon a change in control of the Issuer.
/s/ Lindsey Cochran, by power of attorney
2023-10-19