Thuan Pham - Jan 4, 2022 Form 4 Insider Report for Coupang, Inc. (CPNG)

Role
Chief Technology Officer
Signature
/s/ Emily Epstein, Attorney-in-Fact
Stock symbol
CPNG
Transactions as of
Jan 4, 2022
Transactions value $
-$3,356,916
Form type
4
Date filed
1/6/2022, 07:34 PM
Previous filing
Oct 7, 2021
Next filing
Apr 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPNG Class A Common Stock Sale -$2.6M -94.3K -3.23% $27.53 2.83M Jan 4, 2022 Direct F1, F2, F3
transaction CPNG Class A Common Stock Sale -$730K -25.9K -0.92% $28.17 2.8M Jan 4, 2022 Direct F1, F3, F4
transaction CPNG Class A Common Stock Sale -$30.3K -1.19K -0.04% $25.50 2.8M Jan 6, 2022 Direct F1, 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 $27.02 to $28.01 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 2,337,500 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 6.25% of the RSUs vested on October 1, 2021, and 6.25% vest on each quarterly anniversary thereafter.
F4 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $28.02 to $28.57 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.