Robert Bernshteyn - Sep 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
Sep 17, 2021
Transactions value $
-$11,515,446
Form type
4
Date filed
9/21/2021, 04:30 PM
Previous filing
Aug 19, 2021
Next filing
Sep 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUP Common Stock Options Exercise $652K +50K +22.78% $13.04 269K Sep 17, 2021 Direct
transaction COUP Common Stock Sale -$580K -2.41K -0.89% $240.68 267K Sep 17, 2021 Direct F1, F2
transaction COUP Common Stock Sale -$2.08M -8.62K -3.23% $241.66 258K Sep 17, 2021 Direct F1, F3
transaction COUP Common Stock Sale -$3M -12.4K -4.78% $242.61 246K Sep 17, 2021 Direct F1, F4
transaction COUP Common Stock Sale -$2.83M -11.6K -4.72% $243.77 234K Sep 17, 2021 Direct F1, F5
transaction COUP Common Stock Sale -$2.44M -9.98K -4.26% $244.43 224K Sep 17, 2021 Direct F1, F6
transaction COUP Common Stock Sale -$840K -3.42K -1.52% $245.81 221K Sep 17, 2021 Direct F1, F7
transaction COUP Common Stock Sale -$395K -1.6K -0.72% $247.12 219K Sep 17, 2021 Direct F1, F8

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 Employee Stock Option (Right to Buy) Options Exercise $0 -50K -24.92% $0.00 151K Sep 17, 2021 Common Stock 50K $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 $240.16 to $241.14. 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 $241.16 to $242.15. 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 $242.16 to $243.15. 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 $243.16 to $244.13. 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 $244.16 to $245.15. 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 $245.20 to $246.17. 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 This transaction was executed in multiple trades at prices ranging from $246.59 to $247.37. 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.
F9 The option grant is fully vested as of September 8, 2020.