SEC Form 4 · accession 0001214659-18-007272
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
Nov 19, 2018
Accepted (ET)
Nov 21, 2018 · 4:30 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 | Nov 19, 2018 | M | 63,225 | $2.32 | A | 208,775 | D | |
| Common StockF2 | Nov 19, 2018 | S | 11,645 | $54.6083 | D | 197,130 | D | |
| Common StockF3 | Nov 19, 2018 | S | 29,556 | $55.3981 | D | 167,574 | D | |
| Common StockF4 | Nov 19, 2018 | S | 12,911 | $56.1078 | D | 154,663 | D | |
| Common StockF5 | Nov 19, 2018 | S | 2,100 | $57.6521 | D | 152,563 | D | |
| Common StockF6 | Nov 19, 2018 | S | 2,810 | $58.8689 | D | 149,753 | D | |
| Common StockF7 | Nov 19, 2018 | S | 200 | $59.44 | D | 149,553 | D | |
| Common StockF8 | Nov 19, 2018 | S | 1,100 | $60.7232 | D | 148,453 | D | |
| Common StockF9 | Nov 19, 2018 | S | 2,000 | $62.1432 | D | 146,453 | D | |
| Common StockF10 | Nov 19, 2018 | S | 903 | $63.3174 | 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 OptionF11 | $2.32 | Nov 19, 2018 | M | 63,225 | D | — | Mar 25, 2024 | Common Stock | 63,225 | 668,845 | 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
- F10This transaction was executed in multiple trades at prices ranging from $62.88 to $63.57. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F11The stock option vests in 48 equal monthly installments beginning March 26, 2014 provided the reporting person remains in continuous service on each vesting date.
- F2This transaction was executed in multiple trades at prices ranging from $53.91 to $54.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3This transaction was executed in multiple trades at prices ranging from $54.91 to $55.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4This transaction was executed in multiple trades at prices ranging from $55.91 to $56.81. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5This transaction was executed in multiple trades at prices ranging from $57.14 to $58.09. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F6This transaction was executed in multiple trades at prices ranging from $58.23 to $59.20. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F7This transaction was executed in multiple trades at prices ranging from $59.44 to $59.44. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F8This transaction was executed in multiple trades at prices ranging from $60.52 to $61.11. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F9This transaction was executed in multiple trades at prices ranging from $61.72 to $62.66. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.