Robert Bernshteyn - Sep 20, 2021 Form 4 Insider Report for Coupa Software Inc (COUP)

Role
Chief Executive Officer, Director
Signature
/s/ Jon Stueve, Authorized Signatory For: Robert Bernshteyn
Stock symbol
COUP
Transactions as of
Sep 20, 2021
Transactions value $
-$1,931,935
Form type
4
Date filed
9/22/2021, 04:30 PM
Previous filing
Sep 21, 2021
Next filing
Oct 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUP Common Stock Options Exercise $0 +5.29K +2.41% $0.00 225K Sep 20, 2021 Direct
transaction COUP Common Stock Sale -$713K -2.9K -1.29% $246.01 222K Sep 21, 2021 Direct F1
transaction COUP Common Stock Options Exercise $0 +4.73K +2.13% $0.00 227K Sep 20, 2021 Direct
transaction COUP Common Stock Sale -$638K -2.59K -1.14% $246.01 224K Sep 21, 2021 Direct F1
transaction COUP Common Stock Options Exercise $0 +2.65K +1.18% $0.00 227K Sep 20, 2021 Direct
transaction COUP Common Stock Sale -$358K -1.45K -0.64% $246.01 225K Sep 21, 2021 Direct F1
transaction COUP Common Stock Options Exercise $0 +1.66K +0.74% $0.00 227K Sep 20, 2021 Direct
transaction COUP Common Stock Sale -$224K -909 -0.4% $246.01 226K Sep 21, 2021 Direct F1

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 Restricted Stock Units Options Exercise $0 -5.29K -33.33% $0.00 10.6K Sep 20, 2021 Common Stock 5.29K Direct F2, F3
transaction COUP Restricted Stock Units Options Exercise $0 -4.73K -14.29% $0.00 28.4K Sep 20, 2021 Common Stock 4.73K Direct F2, F4
transaction COUP Restricted Stock Units Options Exercise $0 -2.65K -9.09% $0.00 26.5K Sep 20, 2021 Common Stock 2.65K Direct F2, F5
transaction COUP Restricted Stock Units Options Exercise $0 -1.66K -6.66% $0.00 23.2K Sep 20, 2021 Common Stock 1.66K Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously disclosed, these shares of common stock were automatically sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.
F2 Each Restricted Stock Unit converts into common stock on a one-for-one basis.
F3 These RSUs vest quarterly over a four year period, and the first quarterly vesting occurred on June 20, 2018. Vested shares will be delivered to the reporting person upon vest date. Unless otherwise provided, on each vest date shares of common stock will automatically be sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.
F4 These RSUs vest quarterly over a four year period, and the first quarterly vesting occurred on June 20, 2019. Vested shares will be delivered to the reporting person upon vest date. Unless otherwise provided, on each vest date shares of common stock will automatically be sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.
F5 These RSUs vest quarterly over a four year period, and the first quarterly vesting occurred on June 20, 2020. Vested shares will be delivered to the reporting person upon vest date. Unless otherwise provided, on each vest date shares of common stock will automatically be sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.
F6 These RSUs vest quarterly over a four year period, and the first quarterly vesting occurred on June 20, 2021. Vested shares will be delivered to the reporting person upon vest date. Unless otherwise provided, on each vest date shares of common stock will automatically be sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.