SEC Form 4 · accession 0001214659-18-004532
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
Jun 18, 2018
Accepted (ET)
Jun 19, 2018 · 4:30 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 | Jun 18, 2018 | M | 63,225 | $0.76 | A | 199,637 | D | |
| Common StockF2 | Jun 18, 2018 | S | 2,306 | $63.0584 | D | 197,331 | D | |
| Common StockF3 | Jun 18, 2018 | S | 24,354 | $63.0584 | D | 172,977 | D | |
| Common StockF4 | Jun 18, 2018 | S$0 | 36,565 | — | D | 136,412 | 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 OptionF5 | $0.76 | Jun 18, 2018 | M | 63,225 | D | — | Jul 29, 2022 | Common Stock | 63,225 | 212,470 | 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 $60.64 to $61.61. 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 $62.12 to $63.11. 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 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 $63.12 to $63.52. 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.
- 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.