X0306 4 2020-11-17 0 0001477333 Cloudflare, Inc. NET 0001786951 Zatlyn Michelle C/O CLOUDFLARE, INC. 101 TOWNSEND STREET SAN FRANCISCO CA 94107 1 1 0 0 Chief Operating Officer Class A Common Stock 2020-11-17 4 C 0 48700 A 48700 I See footnote Class A Common Stock 2020-11-17 4 S 0 8400 64.158 D 40300 I See footnote Class A Common Stock 2020-11-17 4 S 0 19901 64.7589 D 20399 I See footnote Class A Common Stock 2020-11-17 4 S 0 20399 65.7478 D 0 I See footnote Class A Common Stock 2020-11-18 4 C 0 48700 A 48700 I See footnote Class A Common Stock 2020-11-18 4 S 0 20190 64.91 D 28510 I See footnote Class A Common Stock 2020-11-18 4 S 0 28410 65.4579 D 100 I See footnote Class A Common Stock 2020-11-18 4 S 0 100 66.66 D 0 I See footnote Class A Common Stock 2020-11-19 4 C 0 48700 A 48700 I See footnote Class A Common Stock 2020-11-19 4 S 0 4973 65.1388 D 43727 I See footnote Class A Common Stock 2020-11-19 4 S 0 43727 65.8244 D 0 I See footnote Class B Common Stock 2020-11-17 4 C 0 48700 0.00 D Class A Common Stock 48700 7514145 I See footnote Class B Common Stock 2020-11-18 4 C 0 48700 0.00 D Class A Common Stock 48700 7465445 I See footnote Class B Common Stock 2020-11-19 4 C 0 48700 0.00 D Class A Common Stock 48700 7416745 I See footnote Class B Common Stock Class A Common Stock 1166887 1166887 I See footnote Class B Common Stock Class A Common Stock 680742 680742 I See footnote Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date. The shares are held of record by The Sutherland/Zatlyn Revocable Trust dated November 17, 2016 for which the reporting person serves as co-trustee. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 28, 2019. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.40 to $64.395, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (10) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.40 to $65.39, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.40 to $66.30, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.27 to $65.26, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.27 to $66.11, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.39 to $65.37, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.39 to $66.17, inclusive. The shares are held of record by The Sutherland/Zatlyn Irrevocable Remainder Trust dated December 15, 2017 for which the reporting person serves as co-trustee. The shares are held of record by The Sutherland/Zatlyn 2019 Annuity Trust dated February 28, 2019, for which the reporting person serves as co-trustee. /s/ Lindsey Cochran, by power of attorney 2020-11-19