Huw Owen - Jun 8, 2022 Form 3 Insider Report for Couchbase, Inc. (BASE)

Role
SVP & Chief Revenue Officer
Signature
/s/ Margaret Chow, by Power of Attorney for Huw Owen
Stock symbol
BASE
Transactions as of
Jun 8, 2022
Transactions value $
$0
Form type
3
Date filed
6/9/2022, 06:07 PM
Next filing
Jun 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BASE Common Stock 73.1K Jun 8, 2022 Direct F1, F2

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
holding BASE Stock Option Jun 8, 2022 Common Stock 40K $7.45 Direct F3
holding BASE Stock Option Jun 8, 2022 Common Stock 40K $7.55 Direct F4
holding BASE Stock Option Jun 8, 2022 Common Stock 20K $9.95 Direct F5
holding BASE Stock Option Jun 8, 2022 Common Stock 10K $21.40 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 22,354 restricted stock units ("RSUs") and 50,000 performance-based restricted stock units ("PSUs"). The RSUs will vest at 6.25% quarterly beginning June 15, 2022. Quarterly vesting dates will fall on the first trading day on or after March 15th, June 15th, September 15th and December 15th. The PSUs will be eligible to vest during a five-year performance period following the award's grant date based on the company's average stock price trading at each of the following milestones: $60, $75, $90 and $110 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest on the next regular quarterly vesting date, subject to the individual continuing to provide services to the company through the applicable vesting date.
F2 Includes 735 shares acquired under the 2021 Employee Stock Purchase Plan on March 21, 2022.
F3 One fourth (1/4th) of the shares subject to the option vested on September 17, 2019 and one forty-eighth (1/48th) of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each such date.
F4 One fourth (1/4th) of the shares subject to the option vested on August 1, 2020 and one forty-eighth (1/48th) of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each such date.
F5 One fourth (1/4th) of the shares subject to the option vested on August 1, 2021 and one forty-eighth (1/48th) of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each such date.
F6 One fourth (1/4th) of the shares subject to the option vested on February 1, 2022 and one forty-eighth (1/48th) of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each such date.

Remarks:

Exhibit 24 - Power of Attorney