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

Role
Chief Financial Officer
Signature
/s/ Emily Epstein, Attorney-in-Fact
Stock symbol
CPNG
Transactions as of
Dec 14, 2021
Transactions value $
-$8,430,593
Form type
4
Date filed
12/16/2021, 08:24 PM
Previous filing
Aug 18, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPNG Class A Common Stock Options Exercise $36.2K +18.8K +0.91% $1.93* 2.08M Dec 14, 2021 Direct F1
transaction CPNG Class A Common Stock Options Exercise $238K +120K +5.77% $1.98* 2.2M Dec 14, 2021 Direct F1
transaction CPNG Class A Common Stock Options Exercise $872K +438K +19.91% $1.99* 2.64M Dec 14, 2021 Direct F1
transaction CPNG Class A Common Stock Sale -$9.58M -350K -13.27% $27.36 2.29M Dec 14, 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 -18.8K -100% $0.00* 0 Dec 14, 2021 Class A Common Stock 18.8K $1.93 Direct F3
transaction CPNG Stock Option (right to buy) Options Exercise $0 -120K -80% $0.00 30K Dec 14, 2021 Class A Common Stock 120K $1.98 Direct F4
transaction CPNG Stock Option (right to buy) Options Exercise $0 -438K -17.68% $0.00 2.04M Dec 14, 2021 Class A Common Stock 438K $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