Todd R. Ford - Mar 20, 2022 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: Mar 20, 2022
Transactions value $: -$292,396
Form type: 4
Date filed: 3/22/2022, 08:40 PM
Previous filing: Mar 22, 2022
Next filing: Jun 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	+20.9%	$0.00	32.1K	Mar 20, 2022	Direct
transaction	COUP	Common Stock	Sale	-$292K	-2.96K	-9.21%	$98.75	29.2K	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	Options Exercise	$0	-1.91K	-100%	$0.00^*	0	Mar 20, 2022	Common Stock	1.91K		Direct	F3, F4
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-1.74K	-20%	$0.00	6.97K	Mar 20, 2022	Common Stock	1.74K		Direct	F3, F5
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-884	-11.11%	$0.00	7.07K	Mar 20, 2022	Common Stock	884		Direct	F3, F6
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-1.01K	-7.69%	$0.00	12.1K	Mar 20, 2022	Common Stock	1.01K		Direct	F3, F7

* 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 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.
F5	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.
F6	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.
F7	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.