Anand Gaurav 4
4 · Coupang, Inc. · Filed Dec 16, 2021
Insider Transaction Report
Form 4
Coupang, Inc.CPNG
Anand Gaurav
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2021-12-14$27.36/sh−350,000$9,576,000→ 2,287,500 total - Exercise/Conversion
Stock Option (right to buy)
2021-12-14−18,750→ 0 totalExercise: $1.93Exp: 2027-11-16→ Class A Common Stock (18,750 underlying) - Exercise/Conversion
Class A Common Stock
2021-12-14$1.93/sh+18,750$36,188→ 2,079,500 total - Exercise/Conversion
Stock Option (right to buy)
2021-12-14−120,000→ 30,000 totalExercise: $1.98Exp: 2028-05-16→ Class A Common Stock (120,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2021-12-14−438,000→ 2,040,000 totalExercise: $1.99Exp: 2029-05-15→ Class A Common Stock (438,000 underlying) - Exercise/Conversion
Class A Common Stock
2021-12-14$1.98/sh+120,000$237,600→ 2,199,500 total - Exercise/Conversion
Class A Common Stock
2021-12-14$1.99/sh+438,000$871,620→ 2,637,500 total
Footnotes (5)
- [F1]Includes 800,000 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- [F2]The sale reported on this Form 4 were effected to satisfy certain exercise costs and tax obligations of the Reporting Person incurred with the exercise of the stock options reported on this Form 4.
- [F3]25% of the shares subject to the stock option vested on October 1, 2018, 25% of the shares vested on October 1, 2019, and 6.25% vest on each quarterly anniversary thereafter. The original stock option for 100,000 shares was exercised for an aggregate of 81,250 shares between October 21, 2020 and January 11, 2021.
- [F4]10% of the shares subject to the stock option vested on March 1, 2019, and 6.25% vest on each quarterly anniversary thereafter. The original stock option for 300,000 shares was exercised for an aggregate of 150,000 shares between October 21, 2020 and January 4, 2021.
- [F5]10.8% of the shares subject to the stock option vested on May 1, 2020, and 6.25% vest on each quarterly anniversary thereafter. The original stock option for 3,000,000 shares was exercised for an aggregate of 522,000 shares between October 30, 2020 and November 12, 2020