Company: NET
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001477333-25-000065
Chunk: 81

Company: Cloudflare, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 81
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| 2019 Equity Incentive Plan(3)(4)                          |     |                                                                                             | 16,295,606 |     |                            | 53.28 |     |                                                                                                                              | 69,011,658 |
| 2019 Employee Stock Purchase Plan(5)                      |     |                                                                                             |          — |     |                            |     — |     |                                                                                                                              | 16,892,245 |
| Equity compensation plans not approved by stockholders(6) |     |                                                                                             |     61,513 |     |                            | 20.58 |     |                                                                                                                              |          — |
| Total                                                     |     |                                                                                             | 20,897,084 |     |                            | 26.92 |     |                                                                                                                              | 85,903,903 |

_______________________

(1) RSUs, which do not have an exercise price, are excluded in the calculation of weighted-average exercise price.

(2) As a result of our IPO and the adoption of the 2019 Plan, we no longer grant awards under the 2010 Plan; however, all outstanding awards under the 2010 Plan remain subject to the terms of the 2010 Plan. The number of shares underlying stock options or RSUs granted under the 2010 Plan that expire or terminate or are forfeited or repurchased by the company under the 2010 Plan, tendered to or withheld by the company for payment of an exercise price or for tax withholding, or repurchased by the company due to failure to vest, up to a maximum of 37,326,953 shares, will be automatically added to the shares of Class A common stock available for issuance under the 2019 Plan.

(3) Our 2019 Plan provides that the number of shares of Class A common stock available for issuance under the 2019 Plan will automatically increase on the first day of each fiscal year beginning with the 2021 fiscal year, in an amount equal to the least of (i) 29,335,000 shares, (ii) five percent (5%) of the outstanding shares of all classes of common stock of the company on the last day of the immediately preceding fiscal year, or (iii) such other amount as the compensation committee of the Board of Directors may determine.

(4) Includes up to 572,560 shares of Class A common stock to be issued pursuant to outstanding performance-based restricted stock units, which reflects the number of shares to be issued assuming the