Robert Bernshteyn - 20 Sep 2021 Form 4 Insider Report for Coupa Software Inc

Role
Chief Executive Officer, Director
Signature
/s/ Jon Stueve, Authorized Signatory For: Robert Bernshteyn
Issuer symbol
N/A
Transactions as of
20 Sep 2021
Net transactions value
-$1,931,935
Form type
4
Filing time
22 Sep 2021, 16:30:29 UTC
Previous filing
21 Sep 2021
Next filing
20 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUP Common Stock Options Exercise $0 +5,287 +2.4% $0.000000 224,732 20 Sep 2021 Direct
transaction COUP Common Stock Sale $712,698 -2,897 -1.3% $246.01 221,835 21 Sep 2021 Direct F1
transaction COUP Common Stock Options Exercise $0 +4,731 +2.1% $0.000000 226,566 20 Sep 2021 Direct
transaction COUP Common Stock Sale $637,910 -2,593 -1.1% $246.01 223,973 21 Sep 2021 Direct F1
transaction COUP Common Stock Options Exercise $0 +2,652 +1.2% $0.000000 226,625 20 Sep 2021 Direct
transaction COUP Common Stock Sale $357,702 -1,454 -0.64% $246.01 225,171 21 Sep 2021 Direct F1
transaction COUP Common Stock Options Exercise $0 +1,658 +0.74% $0.000000 226,829 20 Sep 2021 Direct
transaction COUP Common Stock Sale $223,625 -909 -0.4% $246.01 225,920 21 Sep 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 -5,287 -33% $0.000000 10,574 20 Sep 2021 Common Stock 5,287 Direct F2, F3
transaction COUP Restricted Stock Units Options Exercise $0 -4,731 -14% $0.000000 28,386 20 Sep 2021 Common Stock 4,731 Direct F2, F4
transaction COUP Restricted Stock Units Options Exercise $0 -2,652 -9.1% $0.000000 26,517 20 Sep 2021 Common Stock 2,652 Direct F2, F5
transaction COUP Restricted Stock Units Options Exercise $0 -1,658 -6.7% $0.000000 23,219 20 Sep 2021 Common Stock 1,658 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.