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

Signature
/s/ Margaret Chow, by Power of Attorney for William R. Carey
Issuer symbol
BASE
Transactions as of
20 Sep 2024
Net transactions value
-$5,819
Form type
4
Filing time
12 Nov 2024, 16:59:22 UTC
Previous filing
18 Sep 2024
Next filing
18 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BASE Common Stock Award $10,597 +912 +1.3% $11.62 73,612 20 Sep 2024 Direct F1
transaction BASE Common Stock Sale $16,416 -912 -1.2% $18.00 72,700 07 Nov 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.