Form 4 for CPNG Coupang, Inc.
Accepted 2024-11-13 00:00:00 ET · period of report 2024-11-11 · accession 0000950170-24-126547 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DT | 2024-11-13 | 2024-11-11 | CPNG | Kim Bom | CEO, COB, Dir, 10% | G - Gift | $0.00 | -2.00M | 0 | -100% | $0 |
| DT | 2024-11-13 | 2024-11-11 | CPNG | Kim Bom | CEO, COB, Dir, 10% | S - Sale | $22.97 | -15.00M | 2.00M | -88% | -$344.55M |
| DT | 2024-11-13 | 2024-11-11 | CPNG | Kim Bom | CEO, COB, Dir, 10% | C - Cnv Deriv | $0.00 | +17.00M | 17.00M | New | $0 |
| DT | 2024-11-13 | 2024-11-11 | CPNG | Kim Bom | CEO, COB, Dir, 10% | C - Cnv Deriv | $0.00 | -17.00M | 157.80M | -10% | $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 | 2024-11-11 | G | D | 2,000,000 | $0.00 | 0 | D | — | — | (F4) Represents shares of the Issuer's Class A Common Stock that the Reporting Person donated as a bona fide gift with no payment in consideration to a fund for charitable donations. Following the donation, the Reporting Person will not have a pecuniary interest in the gifted shares of Class A Common Stock. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-5 promulgated under the Act. |
| 2 | Common | Class A Common Stock | 2024-11-11 | S | D | 15,000,000 | $22.97 | 2,000,000 | D | — | — | (F3) This sale was a block sale facilitated by a large financial institution and was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2024, which was entered into to satisfy significant financial requirements, including tax obligations. |
| 3 | Common | Class A Common Stock | 2024-11-11 | C | A | 17,000,000 | $0.00 | 17,000,000 | D | — | — | (F2) Each of these shares of Class A Common Stock was converted from Class B Common Stock at the option of the Reporting Person as the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock upon the option of the holder and has no expiration date. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-6(b) promulgated under the Act. |
| 4 | Derivative | Class B Common Stock | 2024-11-11 | C | D | 17,000,000 | $0.00 | 157,802,990 | D | — · — to — | 17,000,000 Class A Common Stock | (F1) Each share of Class B Common Stock was converted into one share of Class A Common Stock at the option of the Reporting Person as the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock upon the option of the holder and has no expiration date. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act. |