Matthew M. Cain - Jun 17, 2024 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role
Chair, President, and CEO, Director
Signature
/s/ Margaret Chow, by Power of Attorney for Matthew M. Cain
Stock symbol
BASE
Transactions as of
Jun 17, 2024
Transactions value $
-$1,205,317
Form type
4
Date filed
6/20/2024, 09:14 PM
Previous filing
Jun 5, 2024
Next filing
Jul 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BASE Common Stock Tax liability -$1.21M -69.9K -8.17% $17.24 785K Jun 17, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
F2 Includes 85,807 shares of common stock, out of which 33,253 shares were earned on June 17, 2024 under a performance award granted on January 26, 2022 as amended in March, 2023, 469,583 restricted stock units and 230,000 performance-based restricted stock units.