Parker Michael 4
4 · Coupang, Inc. · Filed May 18, 2022
Insider Transaction Report
Form 4
Coupang, Inc.CPNG
Parker Michael
Chief Accounting Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2022-05-16$1.99/sh+72,891$145,053→ 111,466 total - Sale
Class A Common Stock
2022-05-16$13.00/sh−72,891$947,583→ 38,575 total - Exercise/Conversion
Stock Option (right to buy)
2022-05-16−72,891→ 195,109 totalExercise: $1.99Exp: 2029-05-15→ Class A Common Stock (72,891 underlying)
Footnotes (4)
- [F1]Includes 38,575 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will vest in four equal quarterly installments commencing on April 1, 2023, subject to continued service through each vesting date.
- [F2]The sales reported on this Form 4 were effected to satisfy certain tax obligations of the Reporting Person.
- [F3]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $12.77 to $13.24 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]35% of the shares subject to the stock option vested as of January 1, 2021, 5% vested on April 1, 2021, and 7.5% vest on each quarterly anniversary thereafter.