SEC Form 4 · accession 0001214659-18-006578
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
Oct 17, 2018
Accepted (ET)
Oct 19, 2018 · 4:15 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 | Oct 17, 2018 | M | 22,795 | $0.76 | A | 168,345 | D | |
| Common Stock | Oct 17, 2018 | M | 40,430 | $2.32 | A | 208,775 | D | |
| Common StockF2 | Oct 17, 2018 | S | 52,798 | $66.7268 | D | 155,977 | D | |
| Common StockF3 | Oct 17, 2018 | S | 10,427 | $67.394 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF4 | $0.76 | Oct 17, 2018 | M | 22,795 | D | — | Jul 29, 2022 | Common Stock | 22,795 | 0 | D |
| Non-Qualified Stock OptionF5 | $2.32 | Oct 17, 2018 | M | 40,430 | D | — | Mar 25, 2024 | Common Stock | 40,430 | 732,070 | 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 9, 2018.
- 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 $66.15 to $67.14. 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 $67.15 to $67.89. 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 August 18, 2012 provided the reporting person remains in continuous service on each vesting date.
- F5The stock option vests in 48 equal monthly installments beginning March 26, 2014 provided the reporting person remains in continuous service on each vesting date.