ROBERT BERNSHTEYN - 20 Dec 2021 Form 4 Insider Report for Coupa Software Inc (COUP)

Role
Chief Executive Officer, Director
Signature
/s/ Jon Stueve, Authorized Signatory For: Robert Bernshteyn
Issuer symbol
COUP
Transactions as of
20 Dec 2021
Net transactions value
-$1,226,194
Form type
4
Filing time
22 Dec 2021, 18:06:58 UTC
Previous filing
19 Nov 2021
Next filing
22 Mar 2022
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 +14,328 +6.3% $0.000000 240,248 20 Dec 2021 Direct
transaction COUP Common Stock Sale $1,226,194 -7,853 -3.3% $156.14 232,395 21 Dec 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 -50% $0.000000 5,287 20 Dec 2021 Common Stock 5,287 Direct F2, F3
transaction COUP Restricted Stock Units Options Exercise $0 -4,731 -17% $0.000000 23,655 20 Dec 2021 Common Stock 4,731 Direct F2, F4
transaction COUP Restricted Stock Units Options Exercise $0 -2,651 -10% $0.000000 23,866 20 Dec 2021 Common Stock 2,651 Direct F2, F5
transaction COUP Restricted Stock Units Options Exercise $0 -1,659 -7.1% $0.000000 21,560 20 Dec 2021 Common Stock 1,659 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.