Thuan Pham - Aug 16, 2021 Form 4 Insider Report for Coupang, Inc. (CPNG)

Signature
/s/ Emily Epstein, Attorney-in-Fact
Stock symbol
CPNG
Transactions as of
Aug 16, 2021
Transactions value $
-$11,930,818
Form type
4
Date filed
8/18/2021, 09:44 PM
Next filing
Oct 7, 2021

Transactions Table

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

Explanation of Responses:

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.