Accel X LP - Jul 26, 2021 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role
10%+ Owner
Signature
/s/ Tracy L. Sedlock, as Attorney in Fact for Accel X L.P.
Stock symbol
BASE
Transactions as of
Jul 26, 2021
Transactions value $
$0
Form type
4
Date filed
7/26/2021, 09:34 PM
Previous filing
Jul 21, 2021
Next filing
Mar 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BASE Common Stock Conversion of derivative security +3.59M +1357.63% 3.85M Jul 26, 2021 Direct F1, F2, F3
transaction BASE Common Stock Conversion of derivative security +272K +1358.14% 292K Jul 26, 2021 By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Common Stock Conversion of derivative security +1.68M +495.28% 2.02M Jul 26, 2021 By: Accel Growth Fund II L.P. F1, F2, F3
transaction BASE Common Stock Conversion of derivative security +122K +495.46% 146K Jul 26, 2021 By: Accel Growth Fund II Strategic Partners L.P. F1, F2, F3
transaction BASE Common Stock Conversion of derivative security +181K +495.38% 217K Jul 26, 2021 By: Accel Growth Fund Investors 2013 L.L.C. F1, F2, F3
transaction BASE Common Stock Conversion of derivative security +375K +1358.14% 403K Jul 26, 2021 By: Accel Investors 2008 L.L.C. 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 BASE Series A Preferred Stock Conversion of derivative security $0 -1.64M -100% $0.00* 0 Jul 26, 2021 Common Stock 1.64M Direct F1, F2, F3
transaction BASE Series A Preferred Stock Conversion of derivative security $0 -124K -100% $0.00* 0 Jul 26, 2021 Common Stock 124K By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series A Preferred Stock Conversion of derivative security $0 -171K -100% $0.00* 0 Jul 26, 2021 Common Stock 171K By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series B Preferred Stock Conversion of derivative security $0 -875K -100% $0.00* 0 Jul 26, 2021 Common Stock 875K Direct F1, F2, F3
transaction BASE Series B Preferred Stock Conversion of derivative security $0 -66.3K -100% $0.00* 0 Jul 26, 2021 Common Stock 66.3K By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series B Preferred Stock Conversion of derivative security $0 -91.5K -100% $0.00* 0 Jul 26, 2021 Common Stock 91.5K By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series C Preferred Stock Conversion of derivative security $0 -337K -100% $0.00* 0 Jul 26, 2021 Common Stock 337K Direct F1, F2, F3
transaction BASE Series C Preferred Stock Conversion of derivative security $0 -25.5K -100% $0.00* 0 Jul 26, 2021 Common Stock 25.5K By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series C Preferred Stock Conversion of derivative security $0 -35.2K -100% $0.00* 0 Jul 26, 2021 Common Stock 35.2K By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series D Preferred Stock Conversion of derivative security $0 -280K -100% $0.00* 0 Jul 26, 2021 Common Stock 280K Direct F1, F2, F3
transaction BASE Series D Preferred Stock Conversion of derivative security $0 -21.2K -100% $0.00* 0 Jul 26, 2021 Common Stock 21.2K By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series D Preferred Stock Conversion of derivative security $0 -29.3K -100% $0.00* 0 Jul 26, 2021 Common Stock 29.3K By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -131K -100% $0.00* 0 Jul 26, 2021 Common Stock 138K Direct F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -9.92K -100% $0.00* 0 Jul 26, 2021 Common Stock 10.4K By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -1.08M -100% $0.00* 0 Jul 26, 2021 Common Stock 1.14M By: Accel Growth Fund II L.P. F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -78.5K -100% $0.00* 0 Jul 26, 2021 Common Stock 82.7K By: Accel Growth Fund II Strategic Partners L.P. F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -116K -100% $0.00* 0 Jul 26, 2021 Common Stock 123K By: Accel Growth Fund Investors 2013 L.L.C. F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -13.7K -100% $0.00* 0 Jul 26, 2021 Common Stock 14.4K By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -92.7K -100% $0.00* 0 Jul 26, 2021 Common Stock 92.7K Direct F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -7.02K -100% $0.00* 0 Jul 26, 2021 Common Stock 7.02K By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -155K -100% $0.00* 0 Jul 26, 2021 Common Stock 155K By: Accel Growth Fund II L.P. F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -11.2K -100% $0.00* 0 Jul 26, 2021 Common Stock 11.2K By: Accel Growth Fund II Strategic Partners L.P. F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -16.7K -100% $0.00* 0 Jul 26, 2021 Common Stock 16.7K By: Accel Growth Fund Investors 2013 L.L.C. F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -9.69K -100% $0.00* 0 Jul 26, 2021 Common Stock 9.69K By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -216K -100% $0.00* 0 Jul 26, 2021 Common Stock 231K Direct F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -16.4K -100% $0.00* 0 Jul 26, 2021 Common Stock 17.5K By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -362K -100% $0.00* 0 Jul 26, 2021 Common Stock 386K By: Accel Growth Fund II L.P. F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -26.2K -100% $0.00* 0 Jul 26, 2021 Common Stock 28K By: Accel Growth Fund II Strategic Partners L.P. F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -38.9K -100% $0.00* 0 Jul 26, 2021 Common Stock 41.5K By: Accel Growth Fund Investors 2013 L.L.C. F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -22.6K -100% $0.00* 0 Jul 26, 2021 Common Stock 24.1K By: Accel Investors 2008 L.L.C. F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the completion of the Issuer's initial public offering, each share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series F Preferred Stock is convertible into shares of the Issuer's Common Stock, par value $0.00001 per share, on a one-for-one basis and has no expiration date. Immediately prior to the completion of the Issuer's initial public offering, each share of Series E Preferred Stock is convertible into shares of the Issuer's Common Stock, par value $0.00001 per share, on a 1.05279880234039-for-one basis and has no expiration date. Immediately prior to the completion of the Issuer's initial public offering, each share of Series G Preferred Stock is convertible into shares of the Issuer's Common Stock, par value $0.00001 per share, on a 1.06673317089756-for-one basis and has no expiration date.
F2 Kevin J. Efrusy is a Managing Member of Accel X Associates L.L.C., or A10A, which is the General Partner of both Accel X L.P. and Accel X Strategic Partners L.P., and has the sole voting and investment power. Andrew G. Braccia, Kevin J. Efrusy, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock and Richard P. Wong are the Managing Members of Accel Investors 2008 L.L.C., and therefore share the voting and investment powers. Accel Growth Fund II Associates L.L.C., or AGF2A, is the General Partner of both Accel Growth Fund II L.P. and Accel Growth Fund II Strategic Partners L.P., and has the sole voting and investment power. Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney and Richard P. Wong are the Managing Members of AGF2A and share such powers. Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney and Richard P. Wong are the Managing Members of Accel Growth Fund Investors 2013 L.L.C.,
F3 (continuation of FN 2): and therefore share the voting and investment powers. Each general partner or manager disclaims beneficial ownership except to the extent of their pecuniary interest therein. The address for all Accel entities listed above is 500 University Avenue, Palo Alto, California 94301.