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$NET All transactions

Cloudflare, Inc.

F

$ Value

$3.6M

Shares

17,321

Price

$211

Filed

Nov 18

Insider

Name

Prince Matthew

Title

CEO & Board Co-Chair

CIK

0001786925

Roles

Director Officer 10% Owner

Transaction Details

Transaction Date

2025-11-15

Code

F

Table

Non-Derivative

Ownership

Direct

Equity Swap

No

Shares After

349,644

Footnotes

The reported shares are represented by performance-based restricted stock units ("PSUs") for which the performance metric has been met and which vest in six equal quarterly installments beginning on November 15, 2025. | Each PSU represents a contingent right to receive one share of Issuer Class A common stock. | The shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of PSUs or restricted stock units ("RSUs"), as applicable. | The 22,175 shares issuable upon vesting and settlement of the PSUs and RSUs were re-registered and are now held directly by The Matthew Prince Revocable Trust dated October 29, 2015, for which the reporting person serves as trustee (the "Revocable Trust"). | The shares are held of record by the Revocable Trust. | 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 within seven years of February 5, 2025, with the performance period shortened to end upon a change in control of the Issuer. Upon satisfaction of the $203.00 Stock Price Goal and following the date of certification of achievement of the $203.00 Stock Price Goal, 21,889 PSUs became eligible to vest in six quarterly installments beginning on November 15, 2025. The remaining four separate tranches of the PSU award become eligible to vest upon achievement of certain stock price targets ranging from $263.00 to $579.00. | Upon satisfaction of a Stock Price Goal, 1/6 of the shares subject to the applicable tranche vest and become 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 Stock Price Goal for such tranche. 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 the Issuer.

Filing Info

Accession No.

0001786925-25-000013

Form Type

4

Issuer CIK

0001477333

Prince Matthew's History

Date Ticker Type Value
2026-04-08 NET C
2026-04-08 NET $350K
2026-04-08 NET $2.5M
2026-04-08 NET $1.1M
2026-04-08 NET $1.5M
2026-04-08 NET $2.3M
2026-04-08 NET $985K
2026-04-08 NET $719K
2026-04-08 NET $525K
2026-04-08 NET $418K

Other Insiders at NET (90d)

Insider Bought Sold Last
Ledbetter Carl $6.6M 2026-03-18
Hawkins Mark J $74K 2026-04-01
SEIFERT THOMAS J
Chief Financial Officer
$11.9M 2026-04-17
Prince Matthew
CEO & Board Co-Chair
$93.5M 2026-04-08
Zatlyn Michelle
President and Board Co-Chair
$45.6M 2026-04-22
Kramer Douglas James
CHIEF LEGAL OFFICER
$529K 2026-02-02
Kramer Douglas James
Chief Legal Officer
2026-02-15
Riley Janel
CHIEF ACCOUNTING OFFICER
$749K 2026-03-03
Riley Janel
Chief Accounting Officer
$4.4M 2026-03-05
Graham-Cumming John $1.6M 2026-03-27