Accel X LP - 26 Jul 2021 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role
10%+ Owner
Signature
/s/ Tracy L. Sedlock, as Attorney in Fact for Accel X L.P.
Issuer symbol
BASE
Transactions as of
26 Jul 2021
Transactions value $
$0
Form type
4
Filing time
26 Jul 2021, 21:34:51 UTC
Previous filing
21 Jul 2021
Next filing
15 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BASE Common Stock Conversion of derivative security +3,588,629 +13.58% 3,852,959 26 Jul 2021 Direct F1, F2, F3
transaction BASE Common Stock Conversion of derivative security +271,940 +13.58% 291,963 26 Jul 2021 By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Common Stock Conversion of derivative security +1,682,587 +4.95% 2,022,312 26 Jul 2021 By: Accel Growth Fund II L.P. F1, F2, F3
transaction BASE Common Stock Conversion of derivative security +121,884 +4.95% 146,484 26 Jul 2021 By: Accel Growth Fund II Strategic Partners L.P. F1, F2, F3
transaction BASE Common Stock Conversion of derivative security +180,644 +4.95% 217,110 26 Jul 2021 By: Accel Growth Fund Investors 2013 L.L.C. F1, F2, F3
transaction BASE Common Stock Conversion of derivative security +375,294 +13.58% 402,927 26 Jul 2021 By: Accel Investors 2008 L.L.C. F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BASE Series A Preferred Stock Conversion of derivative security $0 -1,636,046 -100% $0* 0 26 Jul 2021 Common Stock 1,636,046 Direct F1, F2, F3
transaction BASE Series A Preferred Stock Conversion of derivative security $0 -123,978 -100% $0* 0 26 Jul 2021 Common Stock 123,978 By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series A Preferred Stock Conversion of derivative security $0 -171,097 -100% $0* 0 26 Jul 2021 Common Stock 171,097 By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series B Preferred Stock Conversion of derivative security $0 -874,690 -100% $0* 0 26 Jul 2021 Common Stock 874,690 Direct F1, F2, F3
transaction BASE Series B Preferred Stock Conversion of derivative security $0 -66,283 -100% $0* 0 26 Jul 2021 Common Stock 66,283 By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series B Preferred Stock Conversion of derivative security $0 -91,474 -100% $0* 0 26 Jul 2021 Common Stock 91,474 By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series C Preferred Stock Conversion of derivative security $0 -336,658 -100% $0* 0 26 Jul 2021 Common Stock 336,658 Direct F1, F2, F3
transaction BASE Series C Preferred Stock Conversion of derivative security $0 -25,511 -100% $0* 0 26 Jul 2021 Common Stock 25,511 By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series C Preferred Stock Conversion of derivative security $0 -35,207 -100% $0* 0 26 Jul 2021 Common Stock 35,207 By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series D Preferred Stock Conversion of derivative security $0 -279,944 -100% $0* 0 26 Jul 2021 Common Stock 279,944 Direct F1, F2, F3
transaction BASE Series D Preferred Stock Conversion of derivative security $0 -21,214 -100% $0* 0 26 Jul 2021 Common Stock 21,214 By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series D Preferred Stock Conversion of derivative security $0 -29,276 -100% $0* 0 26 Jul 2021 Common Stock 29,276 By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -130,898 -100% $0* 0 26 Jul 2021 Common Stock 137,809 Direct F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -9,919 -100% $0* 0 26 Jul 2021 Common Stock 10,442 By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -1,083,886 -100% $0* 0 26 Jul 2021 Common Stock 1,141,113 By: Accel Growth Fund II L.P. F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -78,516 -100% $0* 0 26 Jul 2021 Common Stock 82,661 By: Accel Growth Fund II Strategic Partners L.P. F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -116,368 -100% $0* 0 26 Jul 2021 Common Stock 122,512 By: Accel Growth Fund Investors 2013 L.L.C. F1, F2, F3
transaction BASE Series E Preferred Stock Conversion of derivative security $0 -13,689 -100% $0* 0 26 Jul 2021 Common Stock 14,411 By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -92,672 -100% $0* 0 26 Jul 2021 Common Stock 92,672 Direct F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -7,022 -100% $0* 0 26 Jul 2021 Common Stock 7,022 By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -155,124 -100% $0* 0 26 Jul 2021 Common Stock 155,124 By: Accel Growth Fund II L.P. F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -11,237 -100% $0* 0 26 Jul 2021 Common Stock 11,237 By: Accel Growth Fund II Strategic Partners L.P. F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -16,654 -100% $0* 0 26 Jul 2021 Common Stock 16,654 By: Accel Growth Fund Investors 2013 L.L.C. F1, F2, F3
transaction BASE Series F Preferred Stock Conversion of derivative security $0 -9,691 -100% $0* 0 26 Jul 2021 Common Stock 9,691 By: Accel Investors 2008 L.L.C. F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -216,371 -100% $0* 0 26 Jul 2021 Common Stock 230,810 Direct F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -16,396 -100% $0* 0 26 Jul 2021 Common Stock 17,490 By: Accel X Strategic Partners L.P. F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -362,181 -100% $0* 0 26 Jul 2021 Common Stock 386,350 By: Accel Growth Fund II L.P. F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -26,236 -100% $0* 0 26 Jul 2021 Common Stock 27,986 By: Accel Growth Fund II Strategic Partners L.P. F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -38,884 -100% $0* 0 26 Jul 2021 Common Stock 41,478 By: Accel Growth Fund Investors 2013 L.L.C. F1, F2, F3
transaction BASE Series G Preferred Stock Conversion of derivative security $0 -22,628 -100% $0* 0 26 Jul 2021 Common Stock 24,138 By: Accel Investors 2008 L.L.C. F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the completion of the Issuer's initial public offering, each share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series F Preferred Stock is convertible into shares of the Issuer's Common Stock, par value $0.00001 per share, on a one-for-one basis and has no expiration date. Immediately prior to the completion of the Issuer's initial public offering, each share of Series E Preferred Stock is convertible into shares of the Issuer's Common Stock, par value $0.00001 per share, on a 1.05279880234039-for-one basis and has no expiration date. Immediately prior to the completion of the Issuer's initial public offering, each share of Series G Preferred Stock is convertible into shares of the Issuer's Common Stock, par value $0.00001 per share, on a 1.06673317089756-for-one basis and has no expiration date.
F2 Kevin J. Efrusy is a Managing Member of Accel X Associates L.L.C., or A10A, which is the General Partner of both Accel X L.P. and Accel X Strategic Partners L.P., and has the sole voting and investment power. Andrew G. Braccia, Kevin J. Efrusy, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock and Richard P. Wong are the Managing Members of Accel Investors 2008 L.L.C., and therefore share the voting and investment powers. Accel Growth Fund II Associates L.L.C., or AGF2A, is the General Partner of both Accel Growth Fund II L.P. and Accel Growth Fund II Strategic Partners L.P., and has the sole voting and investment power. Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney and Richard P. Wong are the Managing Members of AGF2A and share such powers. Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney and Richard P. Wong are the Managing Members of Accel Growth Fund Investors 2013 L.L.C.,
F3 (continuation of FN 2): and therefore share the voting and investment powers. Each general partner or manager disclaims beneficial ownership except to the extent of their pecuniary interest therein. The address for all Accel entities listed above is 500 University Avenue, Palo Alto, California 94301.