X0407 4 2023-06-12 0 0001477333 Cloudflare, Inc. NET 0001786951 Zatlyn Michelle C/O CLOUDFLARE, INC. 101 TOWNSEND STREET SAN FRANCISCO CA 94107 1 1 0 0 President and COO 1 Class A Common Stock 2023-06-12 4 C 0 10256 A 19945 I See footnote Class A Common Stock 2023-06-12 4 S 0 10256 64.2422 D 9689 I See footnote Class A Common Stock 2023-06-12 4 C 0 2564 A 2564 I See footnote Class A Common Stock 2023-06-12 4 S 0 2564 64.2422 D 0 I See footnote Class A Common Stock 2023-06-13 4 C 0 10256 A 19945 I See footnote Class A Common Stock 2023-06-13 4 S 0 10256 67.1406 D 9689 I See footnote Class A Common Stock 2023-06-13 4 C 0 2564 A 2564 I See footnote Class A Common Stock 2023-06-13 4 S 0 2564 67.1406 D 0 I See footnote Class A Common Stock 2023-06-14 4 C 0 10256 A 19945 I See footnote Class A Common Stock 2023-06-14 4 S 0 7054 67.6375 D 12891 I See footnote Class A Common Stock 2023-06-14 4 S 0 3202 68.3329 D 9689 I See footnote Class A Common Stock 2023-06-14 4 C 0 2564 A 2564 I See footnote Class A Common Stock 2023-06-14 4 S 0 1764 67.6376 D 800 I See footnote Class A Common Stock 2023-06-14 4 S 0 800 68.3329 D 0 I See footnote Employee Stock Option (right to buy) 2.04 2023-06-12 4 M 0 10256 0.00 D 2027-08-07 Class B Common Stock 10256 3805108 D Class B Common Stock 2023-06-12 4 M 0 10256 0.00 A Class A Common Stock 10256 10256 D Class B Common Stock 2023-06-12 4 C 0 10256 0.00 D Class A Common Stock 10256 0 D Class B Common Stock 2023-06-12 4 C 0 2564 0.00 D Class A Common Stock 2564 1527564 I See footnote Employee Stock Option (right to buy) 2.04 2023-06-13 4 M 0 10256 0.00 D 2027-08-07 Class B Common Stock 10256 3794852 D Class B Common Stock 2023-06-13 4 M 0 10256 0.00 A Class A Common Stock 10256 10256 D Class B Common Stock 2023-06-13 4 C 0 10256 0.00 D Class A Common Stock 10256 0 D Class B Common Stock 2023-06-13 4 C 0 2564 0.00 D Class A Common Stock 2564 1525000 I See footnote Employee Stock Option (right to buy) 2.04 2023-06-14 4 M 0 10256 0.00 D 2027-08-07 Class B Common Stock 10256 3784596 D Class B Common Stock 2023-06-14 4 M 0 10256 0.00 A Class A Common Stock 10256 10256 D Class B Common Stock 2023-06-14 4 C 0 10256 0.00 D Class A Common Stock 10256 0 D Class B Common Stock 2023-06-14 4 C 0 2564 0.00 A Class A Common Stock 2564 1522436 I See footnote Class B Common Stock Class A Common Stock 3344810 3344810 I See footnote Class B Common Stock Class A Common Stock 294275 294275 I See footnote Class B Common Stock Class A Common Stock 0 0 I See footnote Class B Common Stock Class A Common Stock 808611 808611 I See footnote Class B Common Stock Class A Common Stock 1562792 1562792 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 "Revocable Trust"). The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2022. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.77 to $64.66, 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) and (6) through (8) to this Form 4. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.78 to $67.70, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.25 to $68.01, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.25 to $68.465, inclusive. The option is subject to an early exercise provision and is immediately exercisable. Shares subject to the option vest in 48 equal monthly installments following September 13, 2019. Upon the conversion of the shares of Class B Common Stock to Class A Common Stock, the shares were re-registered and are now held directly by the Revocable Trust. Includes 971,403 shares shares previously reported as held directly by The Sutherland/Zatlyn 2021 Annuity Trust dated May 22, 2021, for which the reporting person serves as co-trustee (the "2021 Annuity Trust #1") and 591,389 shares previously reported as held directly by The Sutherland/Zatlyn 2022 Annuity Trust dated May 26, 2022, for which the reporting person serves as co-trustee (the "2022 Annuity Trust") which were re-registered on May 30, 2023 and are now held directly by the Revocable Trust. Excludes 1,562,792 shares previously reported as held directly by the Revocable Trust and are now held directly by The Sutherland/Zatlyn 2023 Annuity Trust dated May 24, 2023, for which the reporting person serves as co-trustee (the "2023 Annuity Trust"). The shares are held of record by SZ 2020 Irrevocable Trust dated November 25, 2020, for which the reporting person serves as an investment advisor. Excludes 971,403 shares shares previously reported as held directly by the 2021 Annuity Trust #1 which were re-registered on May 30, 2023 and are now held directly by the Revocable Trust. The shares are held of record by the 2021 Annuity Trust #1. Excludes 591,389 shares previously reported as held directly by the 2022 Annuity Trust and are now held directly by the Revocable Trust. The shares are held of record by the 2022 Annuity Trust. Consists of 1,562,792 shares previously reported as held directly by the Revocable Trust which were re-registered on May 26, 2023 and are now held directly by the 2023 GRAT. The shares are held of record by the 2023 Annity Trust. /s/ Chad Skinner, by power of attorney 2023-06-14