NBVM GP, LLC - 26 Jul 2021 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role
10%+ Owner
Signature
NBVM GP, LLC, /s/ Edward T. Anderson, Managing Member of NBVM GP
Issuer symbol
BASE
Transactions as of
26 Jul 2021
Net transactions value
+$3,249,984
Form type
4
Filing time
26 Jul 2021, 21:36:40 UTC
Previous filing
21 Jul 2021
Next filing
14 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BASE Common Stock Conversion of derivative security +2,402,147 +1250% 2,594,381 26 Jul 2021 By: North Bridge Venture Partners 7, L.P. F1, F2
transaction BASE Common Stock Conversion of derivative security +1,864,081 +2263% 1,946,459 26 Jul 2021 By: North Bridge Venture Partners VI, L.P. F1, F3
transaction BASE Common Stock Purchase $2,274,984 +94,791 +3.7% $24.00 2,689,172 26 Jul 2021 By: North Bridge Venture Partners 7, L.P. F2, F4
transaction BASE Common Stock Purchase $975,000 +40,625 +2.1% $24.00 1,987,084 26 Jul 2021 By: North Bridge Venture Partners VI, L.P. F3, F5

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 -643,708 -100% $0.000000* 0 26 Jul 2021 Common Stock 643,708 By: North Bridge Venture Partners 7, L.P. F1, F2
transaction BASE Series A Preferred Stock Conversion of derivative security $0 -643,708 -100% $0.000000* 0 26 Jul 2021 Common Stock 643,708 By: North Bridge Venture Partners VI, L.P. F1, F3
transaction BASE Series B Preferred Stock Conversion of derivative security $0 -498,927 -100% $0.000000* 0 26 Jul 2021 Common Stock 498,927 By: North Bridge Venture Partners 7, L.P. F1, F2
transaction BASE Series B Preferred Stock Conversion of derivative security $0 -498,927 -100% $0.000000* 0 26 Jul 2021 Common Stock 498,927 By: North Bridge Venture Partners VI, L.P. F1, F3
transaction BASE Series C Preferred Stock Conversion of derivative security $0 -317,901 -100% $0.000000* 0 26 Jul 2021 Common Stock 317,901 By: North Bridge Venture Partners 7, L.P. F1, F2
transaction BASE Series C Preferred Stock Conversion of derivative security $0 -317,901 -100% $0.000000* 0 26 Jul 2021 Common Stock 317,901 By: North Bridge Venture Partners VI, L.P. F1, F3
transaction BASE Series D Preferred Stock Conversion of derivative security $0 -201,031 -100% $0.000000* 0 26 Jul 2021 Common Stock 201,031 By: North Bridge Venture Partners 7, L.P. F1, F2
transaction BASE Series D Preferred Stock Conversion of derivative security $0 -86,156 -100% $0.000000* 0 26 Jul 2021 Common Stock 86,156 By: North Bridge Venture Partners VI, L.P. F1, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -93,999 -100% $0.000000* 0 26 Jul 2021 Common Stock 98,962 By: North Bridge Venture Partners 7, L.P. F1, F2
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -40,285 -100% $0.000000* 0 26 Jul 2021 Common Stock 42,411 By: North Bridge Venture Partners VI, L.P. F1, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -131,840 -100% $0.000000* 0 26 Jul 2021 Common Stock 131,840 By: North Bridge Venture Partners 7, L.P. F1, F2
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -56,502 -100% $0.000000* 0 26 Jul 2021 Common Stock 56,502 By: North Bridge Venture Partners VI, L.P. F1, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -477,888 -100% $0.000000* 0 26 Jul 2021 Common Stock 509,778 By: North Bridge Venture Partners 7, L.P. F1, F2
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -204,809 -100% $0.000000* 0 26 Jul 2021 Common Stock 218,476 By: North Bridge Venture Partners VI, L.P. F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series F Preferred Stock automatically converted into shares of the Issuer's Common Stock on a one-for-one basis immediately prior to the completion of the Issuer's initial public offering for no additional consideration. Each share of Series E Preferred Stock automatically converted into shares of the Issuer's Common Stock on a 1.05279880234039-for-one basis immediately prior to the completion of the Issuer's initial public offering for no additional consideration. Each share of Series G Preferred Stock automatically converted into shares of the Issuer's Common Stock on a 1.06673317089756-for-one basis immediately prior to the completion of the Issuer's initial public offering for no additional consideration. The Preferred Stock had no expiration date.
F2 The reportable securities are owned directly by North Bridge Venture Partners 7, L.P. ("NBVP 7"). North Bridge Venture Management 7, L.P. ("NBVM 7") is the sole general partner of NBVP 7, and NBVM GP, LLC ("NBVM GP") is the sole general partner of NBVM 7. Each of Edward T. Anderson, a member of the Issuer's board of directors, and Richard A. D'Amore are the managing members of NBVM GP (collectively, the "Managing Members") and may be deemed to have shared voting and dispositive power over the shares held by NBVP 7. Each of NBVM 7, NBVM GP and the Managing Members disclaims beneficial ownership of these securities and this report shall not be deemed an admission that any one of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interests therein.
F3 The reportable securities are owned directly by North Bridge Venture Partners VI, L.P. ("NBVP VI"). North Bridge Venture Management VI, L.P. ("NBVM VI") is the sole general partner of NBVP VI, and NBVM GP is the sole general partner of NBVM VI. The Managing Members are the managers of NBVM GP and may be deemed to have shared voting and dispositive power over the shares held by NBVP VI. Each of NBVM VI, NBVM GP and the Managing Members disclaims beneficial ownership of these securities and this report shall not be deemed an admission that any one of them is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of their respective pecuniary interests therein.
F4 In connection with the Issuer's initial public offering of Common Stock, NBVP 7 purchased additional shares of Common Stock from the underwriters at the initial public offering price as set forth herein.
F5 In connection with the Issuer's initial public offering of Common Stock, NBVP VI purchased additional shares of Common Stock from the underwriters at the initial public offering price as set forth herein.