Accel X LP - 14 Dec 2023 Form 4 Insider Report for Couchbase, Inc. (BASE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
18 Dec 2023, 18:15:19 UTC
Prior SEC filing
20 Sep 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Tracy L. Sedlock, as Attorney in Fact for Accel X L.P.

Key filing fact

Accel X LP filed Form 4 for Couchbase, Inc. (BASE) on 18 Dec 2023.

Key facts

  • This page summarizes Accel X LP's Form 4 filing for Couchbase, Inc. (BASE).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 18 Dec 2023, 18:15.

Change

  • Previous filing in this sequence was filed on 20 Sep 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BASE transaction

Common Stock

Other

Transaction value
$0
Shares
-423,600
Change %
-18%
Price
$0.000000
Shares after
1,946,754
Date
14 Dec 2023
Ownership
Direct
Footnotes
F1
BASE transaction

Common Stock

Other

Transaction value
$0
Shares
-32,100
Change %
-18%
Price
$0.000000
Shares after
147,515
Date
14 Dec 2023
Ownership
By: Accel X Strategic Partners L.P.
Footnotes
F2, F3
BASE transaction

Common Stock

Other

Transaction value
$0
Shares
-44,300
Change %
-18%
Price
$0.000000
Shares after
203,580
Date
14 Dec 2023
Ownership
By: Accel Investors 2008 L.L.C.
Footnotes
F3, F4
BASE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,022,312
Date
14 Dec 2023
Ownership
By: Accel Growth Fund II L.P.
Footnotes
F3
BASE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
146,484
Date
14 Dec 2023
Ownership
By: Accel Growth Fund II Strategic Partners L.P.
Footnotes
F3
BASE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
217,110
Date
14 Dec 2023
Ownership
By: Accel Growth Fund Investors 2013 L.L.C.
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Accel X LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

On December 14, 2023, Accel X LP distributed, for no consideration, 423,600 shares of Common Stock of the Issuer (the "Accel X LP Shares") to its limited partners and general partner, which shares were further distributed, representing each such partner's pro rata interest in such Accel X LP Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.

Footnote F2

On December 14, 2023, Accel X Strategic Partners L.P. ("A10SP") distributed, for no consideration, 32,100 shares of Common Stock of the Issuer (the "A10SP Shares") to its limited partners and general partner, which shares were further distributed, representing each such partner's pro rata interest in such A10SP Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.

Footnote F3

Accel X Associates L.L.C. ("A10A") is the General Partner of both Accel X L.P. and Accel X Strategic Partners L.P., and has the sole voting and investment power. Andrew G. Braccia, Kevin J. Efrusy, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock and Richard P. Wong are the Managing Members of A10A and Accel Investors 2008 L.L.C., and therefore share the voting and investment powers. Accel Growth Fund II Associates L.L.C., or AGF2A, is the General Partner of both Accel Growth Fund II L.P. and Accel Growth Fund II Strategic Partners L.P., and has the sole voting and investment power. Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney and Richard P. Wong are the Managing Members of AGF2A and Accel Growth Fund Investors 2013 L.L.C. and share such powers. Each person disclaims beneficial ownership except to the extent of their pecuniary interest therein. The address for all Accel entities listed above is 500 University Avenue, Palo Alto, California 94301.

Footnote F4

On December 14, 2023, Accel Investors 2008 L.L.C. ("AI08") distributed for no consideration 44,300 shares of Common Stock of the Issuer (the "AI08 Shares") to its limited partners, representing each such partner's pro rata interest in such AI08 Shares. All of the aforementioned distributions were made in accordance with the exceptions afforded by Rules 16a-13 and 16a-9 of the Securities and Exchange Act of 1934, as amended.

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