Robert Glenn - 20 Mar 2022 Form 4 Insider Report for Coupa Software Inc

Role: EVP Global Sales
Signature: /s/ Jon Stueve, Authorized Signatory For: Robert Glenn
Issuer symbol: N/A
Transactions as of: 20 Mar 2022
Net transactions value: -$152,370
Form type: 4
Filing time: 22 Mar 2022, 20:39:58 UTC
Previous filing: 28 Dec 2021
Next filing: 05 Apr 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	+2,851	+73%	$0.000000	6,734	20 Mar 2022	Direct
transaction	COUP	Common Stock	Sale	$152,370	-1,543	-23%	$98.75	5,292	21 Mar 2022	Direct	F1, F2

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	Award	$0	+30,334	+619%	$0.000000	35,235	18 Mar 2022	Common Stock	30,334		Direct	F3, F4
transaction	COUP	Restricted Stock Units	Award	$0	+20,223		$0.000000	20,223	18 Mar 2022	Common Stock	20,223		Direct	F3, F5
transaction	COUP	Performance Stock Units	Award	$0	+10,112		$0.000000	10,112	18 Mar 2022	Common Stock	10,112		Direct	F6, F7
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-1,145	-100%	$0.000000^*	0	20 Mar 2022	Common Stock	1,145		Direct	F3, F8
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-191	-100%	$0.000000^*	0	20 Mar 2022	Common Stock	191		Direct	F3, F8
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-501	-20%	$0.000000	2,005	20 Mar 2022	Common Stock	501		Direct	F3, F9
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-297	-11%	$0.000000	2,380	20 Mar 2022	Common Stock	297		Direct	F3, F10
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-340	-11%	$0.000000	2,720	20 Mar 2022	Common Stock	340		Direct	F3, F10
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-377	-7.7%	$0.000000	4,524	20 Mar 2022	Common Stock	377		Direct	F3, F11

* 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	Includes 101 shares acquired under the ESPP Purchase on March 15, 2022.
F3	Each Restricted Stock Unit converts into common stock on a one-for-one basis.
F4	These RSUs vest quarterly over a four year period, and the first quarterly vesting date is scheduled to occur on June 20, 2022. 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 two year period, and the first quarterly vesting date is scheduled to occur on June 20, 2022. 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	Each Performance Stock Unit converts into common stock on a one-for-one basis. The number of derivative securities acquired assumes achievement of performance-based conditions at 100% target.
F7	The PSU will vest dependent upon achievement of both performance-based and service-based conditions.
F8	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.
F9	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.
F10	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.
F11	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.