Gregory N. Henry - Jun 17, 2024 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: Jun 17, 2024
Transactions value $: -$772,421
Form type: 4
Date filed: 6/20/2024, 09:13 PM
Previous filing: Mar 25, 2024
Next filing: Jun 24, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BASE	Common Stock	Tax liability	-$772K	-44.8K	-10.14%	$17.24	397K	Jun 17, 2024	The Henry Family Trust	F1, F2
holding	BASE	Common Stock						1K	Jun 17, 2024	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	Includes 40,544 shares of common stock, out of which 18,844 shares were earned on June 17, 2024 under a performance award granted on January 26, 2022 as amended in March, 2023, 226,165 restricted stock units and 130,333 performance-based restricted stock units. On May 20, 2024, the Reporting Person transferred 111,194 RSUs to the Henry Family Trust, of which the Reporting Person serves as trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the trust.

Content

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.

Includes 40,544 shares of common stock, out of which 18,844 shares were earned on June 17, 2024 under a performance award granted on January 26, 2022 as amended in March, 2023, 226,165 restricted stock units and 130,333 performance-based restricted stock units. On May 20, 2024, the Reporting Person transferred 111,194 RSUs to the Henry Family Trust, of which the Reporting Person serves as trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the trust.