SEC Form 4 · accession 0001214659-18-000504
Coupa Software Inc · COUP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Bernshteyn
Officer — Chief Executive Officer · Director
Period of report
Jan 17, 2018
Accepted (ET)
Jan 18, 2018 · 4:38 pm EST
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 | Jan 17, 2018 | M | 35,121 | $0.20 | A | 169,140 | D | |
| Common Stock | Jan 17, 2018 | M | 28,104 | $0.76 | A | 197,244 | D | |
| Common StockF2 | Jan 17, 2018 | S | 26,164 | $35.2693 | D | 171,080 | D | |
| Common StockF3 | Jan 17, 2018 | S | 37,061 | $35.2693 | D | 134,019 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF4 | $0.20 | Jan 17, 2018 | M | 35,121 | D | — | Jan 26, 2022 | Common | 35,121 | 0 | D |
| Non-Qualified Stock OptionF5 | $0.76 | Jan 17, 2018 | M | 28,104 | D | — | Jul 29, 2022 | Common Stock | 28,104 | 528,595 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 14, 2017.
- F2The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $34.12 to $35.09. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $35.19 to $36.01. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4The stock option vests in 48 equal monthly installments beginning Feb. 29, 2012 provided the reporting person remains in continuous service on each vesting date.
- F5The stock option vests in 48 equal monthly installments beginning August 18, 2012 provided the reporting person remains in continuous service on each vesting date.