SEC Form 4 · accession 0001214659-18-007739
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
Dec 17, 2018
Accepted (ET)
Dec 19, 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 | Dec 17, 2018 | A | 63,225 | $2.32 | A | 208,775 | D | |
| Common StockF2 | Dec 17, 2018 | S | 24,795 | $60.4129 | D | 183,980 | D | |
| Common StockF3 | Dec 17, 2018 | S | 15,350 | $61.5448 | D | 168,630 | D | |
| Common StockF4 | Dec 17, 2018 | S | 13,950 | $62.5943 | D | 154,680 | D | |
| Common StockF5 | Dec 17, 2018 | S | 9,130 | $63.4067 | 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 OptionF6 | $2.32 | Dec 17, 2018 | M | 63,225 | D | — | Mar 25, 2024 | Common Stock | 63,225 | 605,620 | 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
- F2This transaction was executed in multiple trades at prices ranging from $60.00 to $60.99. 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 $61.00 to $61.98. 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 $62.04 to $63.03. 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 $63.04 to $64.00. 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.
- F6The option grant is fully vested as of March 26, 2018.