Kevin Efrusy - Jun 1, 2023 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role: Director, 10%+ Owner
Signature: /s/ Margaret Chow, by Power of Attorney for Kevin Efrusy
Stock symbol: BASE
Transactions as of: Jun 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/5/2023, 05:53 PM
Previous filing: Mar 15, 2023
Next filing: Sep 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BASE	Common Stock	Award	$0	+9.87K	+84.69%	$0.00	21.5K	Jun 1, 2023	Direct	F1
holding	BASE	Common Stock						314K	Jun 1, 2023	Accel Investors 2008 L.L.C.	F2
holding	BASE	Common Stock						2.02M	Jun 1, 2023	Accel Growth Fund II L.P.	F2
holding	BASE	Common Stock						228K	Jun 1, 2023	Accel X Strategic Partners L.P.	F2
holding	BASE	Common Stock						217K	Jun 1, 2023	Accel Growth Fund Investors 2013 L.L.C.	F2
holding	BASE	Common Stock						146K	Jun 1, 2023	Accel Growth Fund II Strategic Partners L.P.	F2
holding	BASE	Common Stock						3.01M	Jun 1, 2023	Accel X L.P.	F2
holding	BASE	Common Stock						13.4K	Jun 1, 2023	The Efrusy Family Trust u/a/d 10/21/2005	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This represents an award of restricted stock units to the Issuer's non-employee director. Each unit represents a contingent right to receive one share of the Issuer's common stock upon vesting. One hundred percent (100%) of the restricted stock units will, subject to the Reporting Person's continued service with the Issuer through such vesting date, vest on the earlier of (i) the one-year anniversary of the date the annual award is granted or (ii) the day prior to the date of the Annual Meeting next following the date the annual award is granted.
F2	Accel X Associates L.L.C. ("A10A") is the General Partner of both Accel X L.P. and Accel X Strategic Partners L.P., and has the sole voting and investment power. Andrew G. Braccia, Kevin J. Efrusy, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock and Richard P. Wong are the Managing Members of A10A and Accel Investors 2008 L.L.C., and therefore share the voting and investment powers. Accel Growth Fund II Associates L.L.C., or AGF2A, is the General Partner of both Accel Growth Fund II L.P. and Accel Growth Fund II Strategic Partners L.P., and has the sole voting and investment power. Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney and Richard P. Wong are the Managing Members of AGF2A and Accel Growth Fund Investors 2013 L.L.C. and share such powers. Each person disclaims beneficial ownership except to the extent of their pecuniary interest therein. The address for all Accel entities listed above is 500 University Avenue, Palo Alto, California 94301.
F3	Shares held by The Efrusy Family Trust u/a/d 10/21/2005 (the "Trust"), of which Mr. Efrusy is a Trustee. The Reporting Person disclaims beneficial ownership over the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.