Bom Kim - Nov 11, 2024 Form 4 Insider Report for Coupang, Inc. (CPNG)

Role: CEO and Chairman, Director, 10%+ Owner
Signature: /s/ Hae Cheong Chang, Attorney-in-Fact
Stock symbol: CPNG
Transactions as of: Nov 11, 2024
Transactions value $: -$344,550,000
Form type: 4
Date filed: 11/13/2024, 06:16 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPNG	Class A Common Stock	Conversion of derivative security	$0	+17M		$0.00	17M	Nov 11, 2024	Direct	F2
transaction	CPNG	Class A Common Stock	Sale	-$345M	-15M	-88.24%	$22.97	2M	Nov 11, 2024	Direct	F3
transaction	CPNG	Class A Common Stock	Gift	$0	-2M	-100%	$0.00	0	Nov 11, 2024	Direct	F4

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	Class B Common Stock	Conversion of derivative security	$0	-17M	-9.73%	$0.00	158M	Nov 11, 2024	Class A Common Stock	17M		Direct	F1

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Each share of Class B Common Stock was converted into one share of Class A Common Stock at the option of the Reporting Person as the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock upon the option of the holder and has no expiration date. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
F2	Each of these shares of Class A Common Stock was converted from Class B Common Stock at the option of the Reporting Person as the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock upon the option of the holder and has no expiration date. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-6(b) promulgated under the Act.
F3	This sale was a block sale facilitated by a large financial institution and was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2024, which was entered into to satisfy significant financial requirements, including tax obligations.
F4	Represents shares of the Issuer's Class A Common Stock that the Reporting Person donated as a bona fide gift with no payment in consideration to a fund for charitable donations. Following the donation, the Reporting Person will not have a pecuniary interest in the gifted shares of Class A Common Stock. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-5 promulgated under the Act.

Remarks:

Exhibit 24 - Power of Attorney