Denis Murphy - 26 Jan 2022 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role: SVP & Chief Revenue Officer
Signature: /s/ Margaret Chow, by Power of Attorney for Denis Murphy
Issuer symbol: BASE
Transactions as of: 26 Jan 2022
Transactions value $: $0
Form type: 4
Filing time: 28 Jan 2022, 16:02:35 UTC
Previous filing: 21 Jul 2021
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BASE	Common Stock	Award	$0	+70K		$0.00	70K	26 Jan 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The performance-based restricted stock units, or PSUs, will be eligible to vest during a five-year performance period following the award's grant date based on the company's average stock price trading at each of the following milestones: $60, $75, $90 and $110 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest on the next regular quarterly vesting date, subject to the individual continuing to provide services to the company through the applicable vesting date.

Content

The performance-based restricted stock units, or PSUs, will be eligible to vest during a five-year performance period following the award's grant date based on the company's average stock price trading at each of the following milestones: $60, $75, $90 and $110 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest on the next regular quarterly vesting date, subject to the individual continuing to provide services to the company through the applicable vesting date.