Jeff Epstein - 25 Jul 2024 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role
Director
Signature
/s/ Margaret Chow, by Power of Attorney for Jeff Epstein
Issuer symbol
BASE
Transactions as of
25 Jul 2024
Net transactions value
-$297,890
Form type
4
Filing time
29 Jul 2024, 17:15:48 UTC
Previous filing
21 Jun 2024
Next filing
17 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BASE Common Stock Options Exercise $65,523 +12,723 +45% $5.15 40,750 25 Jul 2024 Direct
transaction BASE Common Stock Sale $254,625 -12,723 -31% $20.01 28,027 25 Jul 2024 Direct F1, F2
transaction BASE Common Stock Options Exercise $37,477 +7,277 +26% $5.15 35,304 26 Jul 2024 Direct
transaction BASE Common Stock Sale $146,265 -7,277 -21% $20.10 28,027 26 Jul 2024 Direct F1, 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 Stock Option (right to buy) Options Exercise $0 -12,723 -10% $0.000000 108,900 25 Jul 2024 Common Stock 12,723 $5.15 Direct F4
transaction BASE Stock Option (right to buy) Options Exercise $0 -7,277 -6.7% $0.000000 101,623 26 Jul 2024 Common Stock 7,277 $5.15 Direct F4
* 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 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 3/11/2024.
F2 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 $20.0900, 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.
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 $20.4000, 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.
F4 The option is fully vested and immediately exercisable.