Sec Form 4 Filing - Kreps Edward Jay @ Confluent, Inc. - 2021-12-06

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Kreps Edward Jay
2. Issuer Name and Ticker or Trading Symbol
Confluent, Inc. [ CFLT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
C/O CONFLUENT, INC., 899 W. EVELYN AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
12/06/2021
(Street)
MOUNTAIN VIEW, CA94041
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 12/06/2021 C 232,500 A 232,500 D
Class A Common Stock 12/06/2021 S 7,508( 2 ) D $ 67.01( 3 ) 224,992 D
Class A Common Stock 12/06/2021 S 16,419( 2 ) D $ 68.14( 4 ) 208,573 D
Class A Common Stock 12/06/2021 S 67,761( 2 ) D $ 68.95( 5 ) 140,812 D
Class A Common Stock 12/06/2021 S 123,594( 2 ) D $ 69.96( 6 ) 17,218 D
Class A Common Stock 12/06/2021 S 17,218( 2 ) D $ 70.8( 7 ) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock ( 1 ) 12/06/2021 C 232,500 ( 1 ) ( 1 ) Class A Common Stock 232,500 $ 0 20,295,000 D
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 275,073 275,073 I See footnote( 8 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 275,073 275,073 I See footnote( 9 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 183,382 183,382 I See footnote( 10 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 183,382 183,382 I See footnote( 11 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 83,090 83,090 I See footnote( 12 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 1,000,000 1,000,000 I See footnote( 13 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 1,000,000 1,000,000 I See footnote( 14 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kreps Edward Jay
C/O CONFLUENT, INC.
899 W. EVELYN AVENUE
MOUNTAIN VIEW, CA94041
X X Chief Executive Officer
Signatures
/s/ Melanie Vinson, Attorney-in-fact 12/06/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )Shares sold pursuant to a 10b5-1 trading plan adopted August 24, 2021.
( 3 )The shares were sold at prices ranging from $66.50 to $67.49. 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.
( 4 )The shares were sold at prices ranging from $67.50 to $68.46. 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.
( 5 )The shares were sold at prices ranging from $68.50 to $69.49. 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.
( 6 )The shares were sold at prices ranging from $69.50 to $70.49. 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.
( 7 )The shares were sold at prices ranging from $70.50 to $71.35. 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.
( 8 )The shares are held by The Parent's 2019 Grantor Retained Annuity Trust - I under agreement dated September 26, 2019.
( 9 )The shares are held by The Parent's 2019 Grantor Retained Annuity Trust - II under agreement dated September 26, 2019.
( 10 )The shares are held by The Siblings' 2019 Grantor Retained Annuity Trust - I under agreement dated September 26, 2019.
( 11 )The shares are held by The Siblings' 2019 Grantor Retained Annuity Trust - II under agreement dated September 26, 2019.
( 12 )The shares are held by The Edward J. Kreps and Jamaica H. Kreps 2018 Revocable Trust.
( 13 )The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.
( 14 )The shares are held by the GST Exempt Trust under The Kreps Family 2019 Irrevocable Trust under agreement dated 9/26/2019.

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