Form 4 for CPNG Coupang, Inc.
Accepted 2022-05-18 00:00:00 ET · period of report 2022-05-16 · accession 0000899243-22-018612 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-05-18 | 2022-05-16 | CPNG | Parker Michael | CAO | M - OptEx | $1.99 | +72.9K | 111.5K | +189% | +$145.1K |
| D | 2022-05-18 | 2022-05-16 | CPNG | Parker Michael | CAO | S - Sale+OE | $13.00 | -72.9K | 38.6K | -65% | -$947.6K |
| D | 2022-05-18 | 2022-05-16 | CPNG | Parker Michael | CAO | M - OptEx | $0.00 | -72.9K | 195.1K | -27% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-05-16 | M | A | 72,891 | $1.99 | 111,466 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2022-05-16 | S | D | 72,891 | $13.00 | 38,575 | D | — | — | (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. (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. |
| 3 | Derivative | Stock Option (right to buy) | 2022-05-16 | M | D | 72,891 | $0.00 | 195,109 | D | $1.99 · — to 2029-05-15 | 72,891 Class A Common Stock | (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. |