Mark Riggs - Mar 20, 2022 Form 4 Insider Report for Coupa Software Inc (COUP)

Role
Chief Customer Officer
Signature
/s/ Jon Stueve, Authorized Signatory For: Mark Riggs
Stock symbol
COUP
Transactions as of
Mar 20, 2022
Transactions value $
-$85,319
Form type
4
Date filed
3/22/2022, 08:40 PM
Previous filing
Dec 28, 2021
Next filing
Mar 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COUP Common Stock Options Exercise $0 +1.71K $0.00 1.71K Mar 20, 2022 Direct
transaction COUP Common Stock Sale -$85.3K -864 -46.03% $98.75 1.01K Mar 21, 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 +30.3K $0.00 30.3K Mar 18, 2022 Common Stock 30.3K Direct F3, F4
transaction COUP Restricted Stock Units Award $0 +20.2K $0.00 20.2K Mar 18, 2022 Common Stock 20.2K Direct F3, F5
transaction COUP Performance Stock Units Award $0 +10.1K $0.00 10.1K Mar 18, 2022 Common Stock 10.1K Direct F6, F7
transaction COUP Restricted Stock Units Options Exercise $0 -382 -100% $0.00* 0 Mar 20, 2022 Common Stock 382 Direct F3, F8
transaction COUP Restricted Stock Units Options Exercise $0 -498 -20% $0.00 1.99K Mar 20, 2022 Common Stock 498 Direct F3, F9
transaction COUP Restricted Stock Units Options Exercise $0 -387 -11.12% $0.00 3.09K Mar 20, 2022 Common Stock 387 Direct F3, F10
transaction COUP Restricted Stock Units Options Exercise $0 -440 -7.7% $0.00 5.28K Mar 20, 2022 Common Stock 440 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 170 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.