Gaurav Anand - 14 Dec 2021 Form 4 Insider Report for Coupang, Inc. (CPNG)

Role
Chief Financial Officer
Signature
/s/ Emily Epstein, Attorney-in-Fact
Issuer symbol
CPNG
Transactions as of
14 Dec 2021
Net transactions value
-$8,430,592
Form type
4
Filing time
16 Dec 2021, 20:24:06 UTC
Previous filing
18 Aug 2021
Next filing
14 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPNG Class A Common Stock Options Exercise $36,188 +18,750 +0.91% $1.93* 2,079,500 14 Dec 2021 Direct F1
transaction CPNG Class A Common Stock Options Exercise $237,600 +120,000 +5.8% $1.98* 2,199,500 14 Dec 2021 Direct F1
transaction CPNG Class A Common Stock Options Exercise $871,620 +438,000 +20% $1.99* 2,637,500 14 Dec 2021 Direct F1
transaction CPNG Class A Common Stock Sale $9,576,000 -350,000 -13% $27.36 2,287,500 14 Dec 2021 Direct F1, F2

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 -18,750 -100% $0.000000* 0 14 Dec 2021 Class A Common Stock 18,750 $1.93 Direct F3
transaction CPNG Stock Option (right to buy) Options Exercise $0 -120,000 -80% $0.000000 30,000 14 Dec 2021 Class A Common Stock 120,000 $1.98 Direct F4
transaction CPNG Stock Option (right to buy) Options Exercise $0 -438,000 -18% $0.000000 2,040,000 14 Dec 2021 Class A Common Stock 438,000 $1.99 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 800,000 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F2 The sale reported on this Form 4 were effected to satisfy certain exercise costs and tax obligations of the Reporting Person incurred with the exercise of the stock options reported on this Form 4.
F3 25% of the shares subject to the stock option vested on October 1, 2018, 25% of the shares vested on October 1, 2019, and 6.25% vest on each quarterly anniversary thereafter. The original stock option for 100,000 shares was exercised for an aggregate of 81,250 shares between October 21, 2020 and January 11, 2021.
F4 10% of the shares subject to the stock option vested on March 1, 2019, and 6.25% vest on each quarterly anniversary thereafter. The original stock option for 300,000 shares was exercised for an aggregate of 150,000 shares between October 21, 2020 and January 4, 2021.
F5 10.8% of the shares subject to the stock option vested on May 1, 2020, and 6.25% vest on each quarterly anniversary thereafter. The original stock option for 3,000,000 shares was exercised for an aggregate of 522,000 shares between October 30, 2020 and November 12, 2020