4//SEC Filing
Benchmark Capital Management Co. VIII, L.L.C. 4
Accession 0001104659-21-114794
CIK 0001699838other
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 8:00 PM ET
Size
19.5 KB
Accession
0001104659-21-114794
Insider Transaction Report
Form 4
Confluent, Inc.CFLT
Transactions
- Conversion
Class A Common Stock
2021-09-08+9,267,372→ 9,267,372 total(indirect: See footnote) - Other
Class A Common Stock
2021-09-08−9,267,372→ 0 total(indirect: See footnote) - Other
Class A Common Stock
2021-09-08+9,267,372→ 9,267,372 total - Other
Class A Common Stock
2021-09-08−9,107,468→ 159,904 total - Conversion
Class B Common Stock
2021-09-08−9,267,372→ 25,748,625 total(indirect: See footnote)→ Class A Common Stock (9,267,372 underlying)
Footnotes (4)
- [F1]Shares are held by Benchmark Capital Partners VIII, L.P. ("BCP VIII"), for itself and as nominee for Benchmark Founders' Fund VIII, L.P. ("BFF VIII") and Benchmark Founders' Fund VIII-B, L.P. ("BFF VIII-B"). Benchmark Capital Management Co. VIII, L.L.C. ("BCMC VIII"), the general partner of each of BCP VIII, BFF VIII and BFF VIII-B, may be deemed to have sole voting and investment power over such shares. Eric Vishria, a member of the Issuer's board of directors, Matthew R. Cohler, Peter H. Fenton, J. William Gurley, An-Yen Hu, Mitchell H. Lasky, Chetan Puttagunta, Steven M. Spurlock and Sarah E. Tavel are the managing members of BCMC VIII, and each of them may be deemed to share voting and investment power over the securities held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of the securities, except to the extent of such person's or entity's pecuniary interest in such securities.
- [F2]Represents a pro-rata, in-kind distribution by BCP VIII and its affiliated funds to BCMC VIII and its respective members and equityholders and was not a disposition for value. The recipients of such shares in such distribution are subject to a lock-up agreement with the representatives of the several underwriters in connection with the initial public offering of the Issuer.
- [F3]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 is also convertible at any time at the option of the Reporting Person into one share of Class A Common Stock.
- [F4]Shares held directly by BCMC VIII.
Documents
Issuer
Confluent, Inc.
CIK 0001699838
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001593049
Filing Metadata
- Form type
- 4
- Filed
- Sep 9, 8:00 PM ET
- Accepted
- Sep 10, 8:00 PM ET
- Size
- 19.5 KB