SEC Form 4 · accession 0001214659-18-002295

Coupa Software Inc · COUP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Mar 20, 2018

Accepted (ET)

Mar 22, 2018 · 7:29 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 20, 2018	M	2,732	$0.00	A	10,757	D
Common Stock^F1	Mar 21, 2018	S	1,385	$47.4425	D	9,372	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2,F3	—	Mar 20, 2018	M	2,732	D	—	—	Common Stock	2,732	32,789	D
Restricted Stock Units^F2,F4	—	Mar 20, 2018	A	30,530	A	—	—	Common Stock	30,530	30,530	D
Stock Options (right to buy)^F5	$48.47	Mar 20, 2018	A	68,423	A	—	Mar 20, 2028	Common Stock	68,423	68,423	D

F1As previously disclosed, these shares of common stock were automatically sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.
F2Each Restricted Stock Unit converts into common stock on a one-for-one basis.
F3These RSUs vest quarterly over a four year period, and the first quarterly vesting occurred 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.
F4These RSUs vest quarterly over a four year period, and the first quarterly vesting date is scheduled to occur on June 20, 2018. 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.
F5This Non-Qualified Stock Option is subject to a four-year vesting schedule, 1/48 of the total number of shares is scheduled to vest on April 20, 2018 and the remaining shares vest monthly thereafter.