Todd R. Ford - Dec 20, 2021 Form 4 Insider Report for Coupa Software Inc (COUP)

Role: President Finance & Operations
Signature: /s/ Jon Stueve, Authorized Signatory For: Todd Ford
Stock symbol: COUP
Transactions as of: Dec 20, 2021
Transactions value $: -$461,716
Form type: 4
Date filed: 12/22/2021, 06:06 PM
Previous filing: Dec 15, 2021
Next filing: Mar 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COUP	Common Stock	Options Exercise	$0	+5.54K	+23.15%	$0.00	29.5K	Dec 20, 2021	Direct
transaction	COUP	Common Stock	Sale	-$462K	-2.96K	-10.03%	$156.14	26.5K	Dec 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	-1.91K	-49.99%	$0.00	1.91K	Dec 20, 2021	Common Stock	1.91K		Direct	F2, F3
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-1.74K	-16.67%	$0.00	8.72K	Dec 20, 2021	Common Stock	1.74K		Direct	F2, F4
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-884	-10%	$0.00	7.96K	Dec 20, 2021	Common Stock	884		Direct	F2, F5
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-1.01K	-7.14%	$0.00	13.1K	Dec 20, 2021	Common Stock	1.01K		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.