Robert Bernshteyn - Aug 17, 2021 Form 4 Insider Report for Coupa Software Inc (COUP)

Signature
/s/ Jon Stueve, Authorized Signatory For: Robert Bernshteyn
Stock symbol
COUP
Transactions as of
Aug 17, 2021
Transactions value $
-$9,894,272
Form type
4
Date filed
8/19/2021, 04:30 PM
Previous filing
Aug 17, 2021
Next filing
Sep 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUP Common Stock Options Exercise $260K +33K +15.02% $7.88 252K Aug 17, 2021 Direct
transaction COUP Common Stock Options Exercise $222K +17K +6.75% $13.04 269K Aug 17, 2021 Direct
transaction COUP Common Stock Sale -$121K -591 -0.22% $204.53 269K Aug 17, 2021 Direct F1, F2
transaction COUP Common Stock Sale -$1.17M -5.7K -2.12% $205.40 263K Aug 17, 2021 Direct F1, F3
transaction COUP Common Stock Sale -$2.23M -10.8K -4.11% $206.45 252K Aug 17, 2021 Direct F1, F4
transaction COUP Common Stock Sale -$1.31M -6.31K -2.5% $207.39 246K Aug 17, 2021 Direct F1, F5
transaction COUP Common Stock Sale -$4.51M -21.7K -8.8% $208.35 224K Aug 17, 2021 Direct F1, F6
transaction COUP Common Stock Sale -$1.03M -4.93K -2.2% $209.22 219K Aug 17, 2021 Direct F1, F7

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 COUP Stock Option (Right to Buy) Options Exercise $0 -33K -100% $0.00* 0 Aug 17, 2021 Common Stock 33K $7.88 Direct F8
transaction COUP Stock Option (Right to Buy) Options Exercise $0 -17K -7.82% $0.00 201K Aug 17, 2021 Common Stock 17K $13.04 Direct F9
* 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 pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 24, 2020.
F2 This transaction was executed in multiple trades at prices ranging from $203.93 to $204.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $204.95 to $205.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $205.96 to $206.93. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades at prices ranging from $206.96 to $207.95. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6 This transaction was executed in multiple trades at prices ranging from $207.97 to $208.93. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F7 This transaction was executed in multiple trades at prices ranging from $208.99 to $209.59. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F8 The option grant is fully vested as of January 1, 2020.
F9 The option grant is fully vested as of September 8, 2020.