SEC Form 4 · accession 0001214659-17-002098
Coupa Software Inc · COUP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ravi Thakur
Officer — SVP Customer Success & Service
Period of report
Mar 16, 2017
Accepted (ET)
Mar 20, 2017 · 6:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001385867
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 15, 2017 | A | 941 | $15.30 | A | 121,541 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Mar 16, 2017 | A | 10,106 | A | — | — | Common Stock | 10,106 | 10,106 | D |
| Stock Option (right to buy)F4 | $23.70 | Mar 16, 2017 | A | 20,625 | A | — | Mar 15, 2027 | Common Stock | 20,625 | 20,625 | D |
Explanation of responses
- F1Shares acquired under the Coupa Software Incorporated 2016 Employee Stock Purchase Plan.
- F2Each Restricted Stock Unit converts into common stock on a one-for-one basis.
- F3These RSUs vest quarterly over a four year period, with the first quarterly vesting to occur on June 20, 2017. Vested shares will be delivered to the reporting person upon vest date. Unless otherwise provided, on each vest date shares of common stock will automatically be sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.
- F4This Non-Qualified Stock Option is subject to a four-year vesting schedule, 1/48 of the total number of shares vests on April 20, 2017 and the remaining vests monthly thereafter.