X0508 4 2023-10-16 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 2023-10-16 4 C 0 10256 A 29634 I See footnote Class A Common Stock 2023-10-16 4 S 0 10256 62.0017 D 19378 I See footnote Class A Common Stock 2023-10-16 4 C 0 2564 A 2564 I See footnote Class A Common Stock 2023-10-16 4 S 0 2564 62.0017 D 0 I See footnote Class A Common Stock 2023-10-17 4 C 0 10256 A 29634 I See footnote Class A Common Stock 2023-10-17 4 S 0 4849 62.5231 D 24785 I See footnote Class A Common Stock 2023-10-17 4 S 0 5407 63.3263 D 19378 I See footnote Class A Common Stock 2023-10-17 4 C 0 2564 A 2564 I See footnote Class A Common Stock 2023-10-17 4 S 0 1215 62.5258 D 1349 I See footnote Class A Common Stock 2023-10-17 4 S 0 1349 63.3255 D 0 I See footnote Class A Common Stock 2023-10-18 4 C 0 10256 A 29634 I See footnote Class A Common Stock 2023-10-18 4 S 0 8014 63.7498 D 21620 I See footnote Class A Common Stock 2023-10-18 4 S 0 2242 64.4447 D 19378 I See footnote Class A Common Stock 2023-10-18 4 C 0 2564 A 2564 I See footnote Class A Common Stock 2023-10-18 4 S 0 2006 63.7507 D 558 I See footnote Class A Common Stock 2023-10-18 4 S 0 558 64.4446 D 0 I See footnote Class A Common Stock 269047 D Employee Stock Option (right to buy) 2.04 2023-10-16 4 M 0 10256 0.00 D 2027-08-07 Class B Common Stock 10256 3682036 D Class B Common Stock 2023-10-16 4 M 0 10256 0.00 A Class A Common Stock 10256 10256 D Class B Common Stock 2023-10-16 4 C 0 10256 0.00 D Class A Common Stock 10256 0 D Class B Common Stock 2023-10-16 4 C 0 2564 0.00 D Class A Common Stock 2564 1496796 I See footnote Employee Stock Option (right to buy) 2.04 2023-10-17 4 M 0 10256 0.00 D 2027-08-07 Class B Common Stock 10256 3671780 D Class B Common Stock 2023-10-17 4 M 0 10256 0.00 A Class A Common Stock 10256 10256 D Class B Common Stock 2023-10-17 4 C 0 10256 0.00 D Class A Common Stock 10256 0 D Class B Common Stock 2023-10-17 4 C 0 2564 0.00 D Class A Common Stock 2564 1494232 I See footnote Employee Stock Option (right to buy) 2.04 2023-10-18 4 M 0 10256 0.00 D 2027-08-07 Class B Common Stock 10256 3661524 D Class B Common Stock 2023-10-18 4 M 0 10256 0.00 A Class A Common Stock 10256 10256 D Class B Common Stock 2023-10-18 4 C 0 10256 0.00 D Class A Common Stock 10256 0 D Class B Common Stock 2023-10-18 4 C 0 2564 0.00 D Class A Common Stock 2564 1491668 I See footnote Class B Common Stock Class A Common Stock 3094810 3094810 I See footnote Class B Common Stock Class A Common Stock 294275 294275 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 Class B Common Stock Class A Common Stock 250000 250000 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 $61.565 to $62.40, 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 (9) 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 $62.05 to $63.04, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.055 to $63.71, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.31 to $64.29, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.31 to $64.62, inclusive. Shares subject to the option are fully vested and immediately exercisable. 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. The shares are held of record by The SZ 2020 Irrevocable Trust dated November 25, 2020, for which the reporting person serves as an investment advisor. The shares are held of record by The Sutherland/Zatlyn 2022 Annuity Trust dated May 26, 2022, for which the reporting person serves as co-trustee. The shares are held of record by The Sutherland/Zatlyn 2023 Annuity Trust dated May 24, 2023, for which the reporting person serves as co-trustee. The shares are held of record by The Sutherland/Zatlyn 2023 Annuity Trust II dated August 29, 2023, for which the reporting person serves as co-trustee. /s/ Lindsey Cochran, by power of attorney 2023-10-18