Michael Parker - May 16, 2022 Form 4 Insider Report for Coupang, Inc. (CPNG)

Role
Chief Accounting Officer
Signature
/s/ James Roe, Attorney-in-Fact
Stock symbol
CPNG
Transactions as of
May 16, 2022
Transactions value $
-$802,530
Form type
4
Date filed
5/18/2022, 04:25 PM
Previous filing
Mar 31, 2022
Next filing
May 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPNG Class A Common Stock Options Exercise $145K +72.9K +188.96% $1.99* 111K May 16, 2022 Direct F1
transaction CPNG Class A Common Stock Sale -$948K -72.9K -65.39% $13.00 38.6K May 16, 2022 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPNG Stock Option (right to buy) Options Exercise $0 -72.9K -27.2% $0.00 195K May 16, 2022 Class A Common Stock 72.9K $1.99 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 38,575 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will vest in four equal quarterly installments commencing on April 1, 2023, subject to continued service through each vesting date.
F2 The sales reported on this Form 4 were effected to satisfy certain tax obligations of the Reporting Person.
F3 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $12.77 to $13.24 per share. 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 range set forth in this footnote.
F4 35% of the shares subject to the stock option vested as of January 1, 2021, 5% vested on April 1, 2021, and 7.5% vest on each quarterly anniversary thereafter.