Cloudflare Appoints New Director, Thomas J. Davenport

TL;DR

Cloudflare adds Thomas Davenport to its board, effective July 17th. He's joining Audit & Compensation committees.

AI Summary

On July 17, 2024, Cloudflare, Inc. announced the appointment of Thomas J. Davenport as a new Class II director, effective immediately. Davenport, who will serve on the Audit Committee and the Compensation Committee, brings extensive experience in financial reporting and corporate governance. His appointment is part of the company's ongoing efforts to strengthen its board.

Why It Matters

The addition of an experienced director like Thomas J. Davenport can enhance board oversight and strategic guidance, potentially impacting investor confidence and the company's long-term performance.

Risk Assessment

Risk Level: low — This filing is a routine board appointment and does not involve significant financial changes or operational disruptions.

Key Players & Entities

• Cloudflare, Inc. (company) — Registrant
• Thomas J. Davenport (person) — Newly appointed Class II director
• July 17, 2024 (date) — Effective date of appointment
• Audit Committee (organization) — Committee Davenport will serve on
• Compensation Committee (organization) — Committee Davenport will serve on

FAQ

From the Filing

0001477333-24-000062.txt : 20240722 0001477333-24-000062.hdr.sgml : 20240722 20240722162514 ACCESSION NUMBER: 0001477333-24-000062 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240717 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240722 DATE AS OF CHANGE: 20240722 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Cloudflare, Inc. CENTRAL INDEX KEY: 0001477333 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 270805829 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39039 FILM NUMBER: 241131811 BUSINESS ADDRESS: STREET 1: 101 TOWNSEND ST. CITY: SAN FRANCISCO STATE: CA ZIP: 94107 BUSINESS PHONE: 888.993.5273 MAIL ADDRESS: STREET 1: 101 TOWNSEND ST. CITY: SAN FRANCISCO STATE: CA ZIP: 94107 FORMER COMPANY: FORMER CONFORMED NAME: CloudFlare, Inc. DATE OF NAME CHANGE: 20091120 8-K 1 cloud-20240717.htm 8-K cloud-20240717 false 0001477333 0001477333 2024-07-17 2024-07-17 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (date of earliest event reported): July 17, 2024 Cloudflare, Inc. (Exact name of registrant as specified in its charter) Delaware 001-39039 27-0805829 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 101 Townsend Street San Francisco , CA 94107 (Address of principal executive offices) (Zip code) ( 888 ) 993-5273 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, $0.001 par value NET New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 17, 2024, the board of directors (the “Board”) of Cloudflare, Inc. (the “Company”) adopted and approved the 2024 Key Executive Change in Control and Severance Policy (the “Policy”) under which certain U.S. employees who are part of a select group of management or highly compensated employees may be designated as eligible to participate in the Policy and become eligible to receive