Form 4 for CPNG Coupang, Inc.
Accepted 2024-06-17 00:00:00 ET · period of report 2024-06-13 · accession 0000950170-24-074518 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2024-06-17 | 2024-06-17 | CPNG | Sun Benjamin | Dir | S - Sale | $20.63 | -700.0K | 2.17M | -24% | -$14.44M |
| 2024-06-17 | 2024-06-17 | CPNG | Sun Benjamin | Dir | G - Gift | $0.00 | -30.0K | 307.4K | -9% | $0 | |
| 2024-06-17 | 2024-06-13 | CPNG | Sun Benjamin | Dir | A - Grant | $0.00 | +15.2K | 337.4K | +5% | $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 | 2024-06-17 | S | D | 700,000 | $20.63 | 2,169,421 | I | — | — | (F2) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $20.50 to $20.85 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. |
| 2 | Common | Class A Common Stock | 2024-06-17 | G | D | 30,000 | $0.00 | 307,375 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-06-13 | A | A | 15,207 | $0.00 | 337,375 | D By Sun Brothers LLC | — | — | (F1) Represents the grant of 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 on the earlier of (i) the date of the next annual meeting of stockholders of the Issuer following June 13, 2024 or (ii) June 13, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date. (F3) Benjamin Sun is a Partner at Primary Venture Partners, which is the general partner of LaunchTime LLC and each of Sun Brothers LLC and Sun Brothers II LLC. |