Pedro Franceschi - Jun 15, 2023 Form 4 Insider Report for Coupang, Inc. (CPNG)

Role: Director
Signature: /s/ James Roe, Attorney-in-Fact
Stock symbol: CPNG
Transactions as of: Jun 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/20/2023, 05:16 PM
Previous filing: May 22, 2023
Next filing: Jun 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPNG	Class A Common Stock	Award	$0	+18.3K	+56.91%	$0.00	50.4K	Jun 15, 2023	Direct	F1
holding	CPNG	Class A Common Stock						21.4K	Jun 15, 2023	See footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the grant of 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 on the earlier of (i) the date of the next annual meeting of stockholders of the Issuer following June 15, 2023 or (ii) June 15, 2024.
F2	The shares are held of record by TDB Capital LLC, for which the Reporting Person is a managing member and shares voting and investment control with respect to such shares. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by TDB Capital LLC, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 or any other purpose.

Content

Represents the grant of 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 on the earlier of (i) the date of the next annual meeting of stockholders of the Issuer following June 15, 2023 or (ii) June 15, 2024.

The shares are held of record by TDB Capital LLC, for which the Reporting Person is a managing member and shares voting and investment control with respect to such shares. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by TDB Capital LLC, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 or any other purpose.