Margaret Chow - 01 Apr 2024 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role
SVP & Chief Legal Officer
Signature
/s/ Margaret Chow
Issuer symbol
BASE
Transactions as of
01 Apr 2024
Net transactions value
-$121,427
Form type
4
Filing time
03 Apr 2024, 16:06:29 UTC
Previous filing
20 Mar 2024
Next filing
21 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BASE Common Stock Sale $59,908 -2,277 -1.1% $26.31 210,677 01 Apr 2024 Direct F1, F2
transaction BASE Common Stock Sale $6,525 -248 -0.12% $26.31 210,429 01 Apr 2024 Direct F1
transaction BASE Common Stock Options Exercise $15,190 +1,960 +0.93% $7.75* 212,389 01 Apr 2024 Direct
transaction BASE Common Stock Options Exercise $8,060 +1,040 +0.49% $7.75* 213,429 01 Apr 2024 Direct
transaction BASE Common Stock Sale $51,101 -1,960 -0.92% $26.07 211,469 01 Apr 2024 Direct F1, F3
transaction BASE Common Stock Sale $27,144 -1,040 -0.49% $26.10 210,429 01 Apr 2024 Direct F1, F4

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 BASE Stock Option Options Exercise $0 -1,960 -1.3% $0.000000 144,039 01 Apr 2024 Common Stock 1,960 $7.75 Direct F5
transaction BASE Stock Option Options Exercise $0 -1,040 -0.72% $0.000000 142,999 01 Apr 2024 Common Stock 1,040 $7.75 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 10/2/2023.
F2 Includes 248 shares acquired pursuant to the 2021 Employee Stock Purchase Plan on March 20, 2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.9400 to $26.3500, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.9400 to $26.4800, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 All of the shares subject to this option are fully vested and exercisable as of the date hereof.