Michael Parker - Aug 18, 2021 Form 4 Insider Report for Coupang, Inc. (CPNG)

Role: Chief Accounting Officer
Signature: /s/ Emily Epstein, Attorney-in-Fact
Stock symbol: CPNG
Transactions as of: Aug 18, 2021
Transactions value $: -$1,543,500
Form type: 4
Date filed: 8/20/2021, 06:51 PM
Next filing: Dec 15, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPNG	Class A Common Stock	Options Exercise	$99.5K	+50K		$1.99^*	50K	Aug 18, 2021	Direct
transaction	CPNG	Class A Common Stock	Sale	-$1.64M	-50K	-100%	$32.86	0	Aug 18, 2021	Direct	F1

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	Stock Option (right to buy)	Options Exercise	$0	-50K	-15.15%	$0.00	280K	Aug 18, 2021	Class A Common Stock	50K	$1.99	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $32.04 to $33.00 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.
F2	35% of the shares subject to the stock option vested as of January 1, 2021, 5% vested on April 1, 2021, and 7.5% vest on each quarterly anniversary thereafter.

Content

The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $32.04 to $33.00 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.

35% of the shares subject to the stock option vested as of January 1, 2021, 5% vested on April 1, 2021, and 7.5% vest on each quarterly anniversary thereafter.