Neil Mehta - Jun 13, 2024 Form 4 Insider Report for Coupang, Inc. (CPNG)

Role
Director
Signature
/s/ James Roe, Attorney-in-Fact
Stock symbol
CPNG
Transactions as of
Jun 13, 2024
Transactions value $
$0
Form type
4
Date filed
6/17/2024, 07:06 PM
Previous filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPNG Class A Common Stock Award $0 +16.2K +31.61% $0.00 67.6K Jun 13, 2024 Direct F1
holding CPNG Class A Common Stock 48.9M Jun 13, 2024 See footnotes F2, F3
* 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 13, 2024 or (ii) June 13, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
F2 The securities reported herein are held by certain funds and accounts to which Greenoaks Capital Partners LLC ("Greenoaks Capital") serves as the investment adviser and related persons or entities, including the Reporting Person and certain estate planning vehicles. Neil Mehta serves as a Managing Director of Greenoaks Capital.
F3 The Reporting Person disclaims beneficial ownership in the securities reported herein except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.