Gregory N. Henry - Dec 18, 2023 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role
SVP & Chief Financial Officer
Signature
/s/ Margaret Chow, by Power of Attorney for Gregory N. Henry
Stock symbol
BASE
Transactions as of
Dec 18, 2023
Transactions value $
-$472,906
Form type
4
Date filed
12/20/2023, 07:01 PM
Previous filing
Sep 21, 2023
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BASE Common Stock Sale -$376K -16K -3.81% $23.59 403K Dec 18, 2023 The Henry Family Trust F1
transaction BASE Common Stock Sale -$96.5K -4.17K -1.04% $23.11 399K Dec 20, 2023 The Henry Family Trust F2, F3
holding BASE Common Stock 1K Dec 18, 2023 Direct
* 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 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 9/28/2022.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.5600 to $23.5300, 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.