| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CPNG | Class A Common Stock | Sale | -$11.9M | -360K | -10.58% | $33.17 | 3.04M | Aug 16, 2021 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | The sales reported on this Form 4 were effected to satisfy certain tax obligations of the Reporting Person incurred with the vesting and settlement of certain Restricted Stock Units (RSUs) previously reported by the Reporting Person in the Form 3 filed with the SEC on March 10, 2021. |
| F2 | The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $32.77 to $33.48 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| F3 | Includes 2,762,500 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 12.5% of the RSUs vested on May 17, 2021, and 6.25% vest on each quarterly anniversary thereafter. |