SEC Form 4 · accession 0001214659-19-000427
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
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 | 63,225 | $2.32 | A | 213,050 | D | |
| Common StockF2 | Jan 17, 2019 | S | 3,700 | $68.7982 | D | 209,350 | D | |
| Common StockF3 | Jan 17, 2019 | S | 8,450 | $70.2293 | D | 200,900 | D | |
| Common StockF4 | Jan 17, 2019 | S | 11,980 | $71.2259 | D | 188,920 | D | |
| Common StockF5 | Jan 17, 2019 | S | 10,931 | $72.0945 | D | 177,989 | D | |
| Common StockF6 | Jan 17, 2019 | S | 14,842 | $73.3525 | D | 163,147 | D | |
| Common StockF7 | Jan 17, 2019 | S | 13,322 | $73.9611 | D | 149,825 | 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 | $2.32 | Jan 17, 2019 | M | 63,225 | D | — | Mar 25, 2024 | Common Stock | 63,225 | 542,395 | 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 $68.35 to $69.26. 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 $69.68 to $70.67. 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 $70.68 to $71.67. 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 $71.68 to $72.65. 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 $72.69 to $73.66. 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.
- F7This transaction was executed in multiple trades at prices ranging from $73.70 to $74.69. 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.
- F8The option grant is fully vested as of March 26, 2018.