Matthew M. Cain - Jun 16, 2025 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role
Chair, President, and CEO, Director
Signature
/s/ Margaret Chow, by Power of Attorney for Matthew M. Cain
Stock symbol
BASE
Transactions as of
Jun 16, 2025
Transactions value $
-$843,975
Form type
4
Date filed
6/18/2025, 06:27 PM
Previous filing
Mar 19, 2025
Next filing
Jun 24, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Cain Matthew M Chair, President, and CEO, Director C/O COUCHBASE, INC., 3155 OLSEN DR., SUITE 150, SAN JOSE /s/ Margaret Chow, by Power of Attorney for Matthew M. Cain 2025-06-18 0001642346

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BASE Common Stock Tax liability -$687K -36.1K -3.62% $19.04 960K Jun 16, 2025 Direct F1
transaction BASE Common Stock Sale -$157K -7.83K -0.82% $20.01 952K Jun 17, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
F2 The sale reported on this Form 4 represents shares sold by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 10/3/2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.0000 to $20.0700, inclusive. 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.