Form 4 for CPNG Coupang, Inc.
Accepted 2024-03-18 00:00:00 ET · period of report 2024-03-14 · accession 0000902664-24-002486 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2024-03-18 | 2024-03-14 | CPNG | GREENOAKS CAPITAL PARTNERS LLC | Dir, See Remarks | S - Sale | $18.68 | -1.60M | 48.01M | -3% | -$29.90M |
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 | 2024-03-14 | S | D | 1,000,000 | $18.60 | 48,606,135 | I See footnotes | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.57 to $18.685, inclusive. The Reporting Persons undertake 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 herein. (F2) Neil Mehta ("Mr. Mehta") serves as a Managing Director of Greenoaks Capital Partners LLC ("Greenoaks Capital"). Mr. Mehta is a director of the Issuer. The number of shares of Class A Common Stock beneficially owned following the reported transaction no longer includes certain shares of Class A Common Stock that were attributable to certain estate planning vehicles to which Mr. Mehta formerly served as trustee. The shares of Class A Common Stock were not disposed of in a sale transaction. The Reporting Persons disclaim any pecuniary interest in such shares of Class A Common Stock. (F4) Each Reporting Person disclaims beneficial ownership in the securities reported herein except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. (F3) The securities reported herein are held by certain funds and accounts to which Greenoaks Capital serves as the investment adviser and related persons or entities, including the Reporting Persons and certain estate planning vehicles. |
| 2 | Common | Class A Common Stock | 2024-03-14 | S | D | 540,341 | $18.75 | 48,065,794 | I See footnotes | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.37 to $19.36, inclusive. The Reporting Persons undertake 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 herein. (F4) Each Reporting Person disclaims beneficial ownership in the securities reported herein except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. (F3) The securities reported herein are held by certain funds and accounts to which Greenoaks Capital serves as the investment adviser and related persons or entities, including the Reporting Persons and certain estate planning vehicles. |
| 3 | Common | Class A Common Stock | 2024-03-14 | S | D | 59,659 | $19.52 | 48,006,135 | I See footnotes | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.38 to $19.67, inclusive. The Reporting Persons undertake 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 herein. (F4) Each Reporting Person disclaims beneficial ownership in the securities reported herein except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. (F3) The securities reported herein are held by certain funds and accounts to which Greenoaks Capital serves as the investment adviser and related persons or entities, including the Reporting Persons and certain estate planning vehicles. |