Todd R. Ford - 20 Mar 2022 Form 4 Insider Report for Coupa Software Inc (COUP)

Role: President Finance & Operations
Signature: /s/ Jon Stueve, Authorized Signatory For: Todd Ford
Issuer symbol: COUP
Transactions as of: 20 Mar 2022
Net transactions value: -$292,396
Form type: 4
Filing time: 22 Mar 2022, 20:40:33 UTC
Previous filing: 22 Mar 2022
Next filing: 22 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COUP	Common Stock	Options Exercise	$0	+5,541	+21%	$0.000000	32,053	20 Mar 2022	Direct
transaction	COUP	Common Stock	Sale	$292,396	-2,961	-9.2%	$98.75	29,193	21 Mar 2022	Direct	F1, F2

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	COUP	Restricted Stock Units	Options Exercise	$0	-1,909	-100%	$0.000000^*	0	20 Mar 2022	Common Stock	1,909		Direct	F3, F4
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-1,743	-20%	$0.000000	6,972	20 Mar 2022	Common Stock	1,743		Direct	F3, F5
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-884	-11%	$0.000000	7,071	20 Mar 2022	Common Stock	884		Direct	F3, F6
transaction	COUP	Restricted Stock Units	Options Exercise	$0	-1,005	-7.7%	$0.000000	12,062	20 Mar 2022	Common Stock	1,005		Direct	F3, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As previously disclosed, these shares of common stock were automatically sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.
F2	Includes 101 shares acquired under the ESPP Purchase on March 15, 2022.
F3	Each Restricted Stock Unit converts into common stock on a one-for-one basis.
F4	These RSUs vest quarterly over a four year period, and the first quarterly vesting occurred on June 20, 2018. Vested shares will be delivered to the reporting person upon vest date. Unless otherwise provided, on each vest date shares of common stock will automatically be sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.
F5	These RSUs vest quarterly over a four year period, and the first quarterly vesting occurred on June 20, 2019. Vested shares will be delivered to the reporting person upon vest date. Unless otherwise provided, on each vest date shares of common stock will automatically be sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.
F6	These RSUs vest quarterly over a four year period, and the first quarterly vesting occurred on June 20, 2020. Vested shares will be delivered to the reporting person upon vest date. Unless otherwise provided, on each vest date shares of common stock will automatically be sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.
F7	These RSUs vest quarterly over a four year period, and the first quarterly vesting occurred on June 20, 2021. Vested shares will be delivered to the reporting person upon vest date. Unless otherwise provided, on each vest date shares of common stock will automatically be sold to satisfy the reporting person's tax withholding obligations in a non-discretionary transaction.