Zatlyn Michelle, PRES, CHAIR, reported a transaction classified as grant at Cloudflare, Inc. involving 259672.000000 shares for an estimated $0.00. Reported holdings after the transaction were 432631.000000 shares. A 10b5-1 reference was not detected in the stored filing text.
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PRESIDENT & BOARD CO-CHAIR
The reported shares are represented by restricted stock units, or RSUs, which vest in 20 equal quarterly installments beginning on May 15, 2025.
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.
Each performance-based restricted stock unit, or PSU, represents a contingent right to receive one share of Issuer Class A common stock.
The PSUs are comprised of six separate tranches that become eligible to vest upon achievement of certain stock price targets ranging from $156.00 to $579.00 (the "Stock Price Goals") at any time withi…
In addition, the PSUs are 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…
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