SEC Form 4 · accession 0001214659-18-006107
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
Sep 20, 2018
Accepted (ET)
Sep 24, 2018 · 5:36 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 | Sep 20, 2018 | M | 4,853 | $0.00 | A | 145,846 | D | |
| Common StockF1 | Sep 21, 2018 | D | 2,672 | $76.75 | D | 143,174 | D | |
| Common Stock | Sep 20, 2018 | M | 5,287 | $0.00 | A | 148,461 | D | |
| Common StockF1 | Sep 21, 2018 | D | 2,911 | $76.75 | D | 145,550 | 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 | — | Sep 20, 2018 | M | 4,853 | D | — | — | Common Stock | 4,853 | 48,529 | D |
| Restricted Stock UnitsF2,F4 | — | Sep 20, 2018 | M | 5,287 | D | — | — | Common Stock | 5,287 | 74,015 | D |
Explanation of responses
- 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, with the first 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.