SEC Form 4 · accession 0001214659-17-002648
Coupa Software Inc · COUP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd R Ford
Officer — Chief Financial Officer
Period of report
Apr 18, 2017
Accepted (ET)
Apr 20, 2017 · 6:26 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 | Apr 18, 2017 | M | 84,240 | $5.52 | A | 85,567 | D | |
| Common StockF1 | Apr 18, 2017 | S | 84,240 | $24.05 | D | 1,327 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F2 | $5.52 | Apr 18, 2017 | M | 84,240 | A | — | Jun 11, 2025 | Common Stock | 84,240 | 420,899 | D |
Explanation of responses
- F1These shares were sold by the reporting person as a selling stockholder pursuant to an underwritten public offering by the Issuer. The offering closed on April 18, 2017. The reported sale price reflects the price at which the reporting person sold shares to the underwriters.
- F225% of the stock option became exercisable on May 4, 2016, with the remainder exercisable in 36 equal monthly installments thereafter provided the reporting person remains in continuous service on each vesting date.