SEC Form 4 · accession 0001214659-19-001396
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
Feb 19, 2019
Accepted (ET)
Feb 20, 2019 · 5:37 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 | Feb 19, 2019 | M | 63,225 | $2.72 | A | 213,050 | D | |
| Common StockF2 | Feb 19, 2019 | S | 12,792 | $94.413 | D | 200,258 | D | |
| Common StockF3 | Feb 19, 2019 | S | 48,018 | $95.2514 | D | 152,240 | D | |
| Common StockF4 | Feb 19, 2019 | S | 2,415 | $96.0194 | 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 OptionF5 | $2.32 | Feb 19, 2019 | M | 63,225 | D | — | Mar 25, 2024 | Common Stock | 63,225 | 479,170 | 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 $93.83 to $94.81. 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.
- F3This transaction was executed in multiple trades at prices ranging from $94.84 to $95.83. 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 $95.88 to $96.23. 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.
- F5The option grant is fully vested as of March 26, 2018.