William R. Carey - Sep 20, 2024 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role: Chief Accounting Officer
Signature: /s/ Margaret Chow, by Power of Attorney for William R. Carey
Stock symbol: BASE
Transactions as of: Sep 20, 2024
Transactions value $: -$5,819
Form type: 4
Date filed: 11/12/2024, 04:59 PM
Previous filing: Sep 18, 2024
Next filing: Dec 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BASE	Common Stock	Award	$10.6K	+912	+1.25%	$11.62	73.6K	Sep 20, 2024	Direct	F1
transaction	BASE	Common Stock	Sale	-$16.4K	-912	-1.24%	$18.00	72.7K	Nov 7, 2024	Direct	F2

* 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 shares were acquired pursuant to the Issuer's 2021 Employee Stock Purchase Plan on September 20, 2024 in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
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 6/27/2024.