SEC Form 4 · accession 0001214659-19-000426
Coupa Software Inc · COUP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd R Ford
Officer — Chief Financial Officer
Period of report
Jan 17, 2019
Accepted (ET)
Jan 18, 2019 · 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 | Jan 17, 2019 | M | 12,500 | $5.52 | A | 28,215 | D | |
| Common StockF2 | Jan 17, 2019 | S | 700 | $68.7814 | D | 27,515 | D | |
| Common StockF3 | Jan 17, 2019 | S | 1,400 | $70.1343 | D | 26,115 | D | |
| Common StockF4 | Jan 17, 2019 | S | 2,350 | $71.0919 | D | 23,765 | D | |
| Common StockF5 | Jan 17, 2019 | S | 2,417 | $71.9984 | D | 21,348 | D | |
| Common StockF6 | Jan 17, 2019 | S | 2,494 | $73.2605 | D | 18,854 | D | |
| Common StockF7 | Jan 17, 2019 | S | 3,139 | $73.9034 | D | 15,715 | 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 OptionF8 | $5.52 | Jan 17, 2019 | M | 12,500 | D | — | Jun 11, 2025 | Common Stock | 12,500 | 87,399 | 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 January 12, 2018.
- F2This transaction was executed in multiple trades at prices ranging from $68.35 to $69.16. 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 $69.56 to $70.55. 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 $70.56 to $71.53. 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 $71.56 to $72.44. 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.
- F6This transaction was executed in multiple trades at prices ranging from $72.58 to $73.53. 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 $73.60 to $74.47. 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.
- F825% of the stock option became exercisable on May 4, 2016, with the remainder exercisable in 36 equal monthly installments thereafter provided the reporting person remains in continuous service on each vesting date.