Benjamin Sun - Sep 1, 2021 Form 4 Insider Report for Coupang, Inc. (CPNG)

Role
Director
Signature
/s/ Emily Epstein, Attorney-in-Fact
Stock symbol
CPNG
Transactions as of
Sep 1, 2021
Transactions value $
-$113,012,016
Form type
4
Date filed
9/3/2021, 06:58 PM
Previous filing
Sep 3, 2021
Next filing
Sep 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPNG Class A Common Stock Other -$91M -2.59M -100% $35.19 0 Sep 1, 2021 By LaunchTime Alpha Associates LLC F1, F2
transaction CPNG Class A Common Stock Other -$57.3M -1.63M -100% $35.19 0 Sep 1, 2021 By LaunchTime II LLC F2, F3
transaction CPNG Class A Common Stock Other -$16.9K -564 -100% $29.96 0 Sep 1, 2021 By LaunchTime III LLC F2, F4
transaction CPNG Class A Common Stock Other -$12.1K -405 -100% $29.96 0 Sep 1, 2021 By LaunchTime V LLC F2, F4
transaction CPNG Class A Common Stock Other $24.8M +704K $35.19 704K Sep 1, 2021 By Launchtime II Manager LLC F2, F5
transaction CPNG Class A Common Stock Other -$4.95M -141K -20% $35.19 563K Sep 1, 2021 By Launchtime II Manager LLC F2, F6
transaction CPNG Class A Common Stock Other $15.5M +440K $35.19 440K Sep 1, 2021 By Sun Brothers III LLC F2, F7
holding CPNG Class A Common Stock 4.7M Sep 1, 2021 By LaunchTime LLC F2
holding CPNG Class A Common Stock 2.87M Sep 1, 2021 By Sun Brothers LLC F2
holding CPNG Class A Common Stock 2.39M Sep 1, 2021 By Sun Brothers II LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pro rata distribution by LaunchTime Alpha Associates LLC to its members, and the sale of shares in connection with management costs and wind down fees.
F2 Benjamin Sun is a Partner at Primary Venture Partners, which is the general partner of each of LaunchTime Alpha Associates LLC ("Alpha Associates"), LaunchTime LLC ("LaunchTime"), LaunchTime II LLC ("LaunchTime II"), LaunchTime III LLC ("LaunchTime III"), LaunchTime V LLC ("LaunchTime V"), Launchtime II Manager LLC ("Launchtime II Manager", together with Alpha Associates, LaunchTime, LaunchTime II, LaunchTime III and LaunchTime V, the "LaunchTime Entities") and each of Sun Brothers LLC ("Sun Brothers"), Sun Brothers II LLC ("Sun Brothers II") and Sun Brothers III LLC (together with Sun Brothers and Sun Brothers II, the "Sun Brothers Entities").
F3 Pro rata distribution by LaunchTime II LLC to its members including carry distribution to the GP, and the sale of shares in connection with management costs and wind down fees.
F4 Sale of shares in connection with management costs and wind down fees.
F5 Acquisition of shares from LaunchTime II.
F6 Distribution of shares by Launchtime II Manager to member.
F7 Acquisition of shares from Alpha Associates.