Gregory N. Henry - 16 Jun 2022 Form 4 Insider Report for Couchbase, Inc. (BASE)

Role
SVP & Chief Financial Officer
Signature
/s/ Margaret Chow, by Power of Attorney for Gregory N. Henry
Issuer symbol
BASE
Transactions as of
16 Jun 2022
Net transactions value
-$53,100
Form type
4
Filing time
21 Jun 2022, 18:50:06 UTC
Previous filing
03 Mar 2022
Next filing
20 Sep 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 Tax liability $53,100 -3,619 -1.2% $14.67 300,505 16 Jun 2022 The Henry Family Trust F1, F2
holding BASE Common Stock 1,000 16 Jun 2022 Direct 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
holding BASE Stock Option 85,560 16 Jun 2022 Common Stock 85,560 $4.68 Direct F4, F5
holding BASE Stock Option 207,658 16 Jun 2022 Common Stock 207,658 $4.68 The Henry Family Trust F4
holding BASE Stock Option 7,583 16 Jun 2022 Common Stock 7,583 $7.45 Direct F6, F7
holding BASE Stock Option 18,416 16 Jun 2022 Common Stock 18,416 $7.45 The Henry Family Trust F6
holding BASE Stock Option 15,466 16 Jun 2022 Common Stock 15,466 $7.48 Direct F8, F9
holding BASE Stock Option 24,534 16 Jun 2022 Common Stock 24,534 $7.48 The Henry Family Trust F8
holding BASE Stock Option 10,833 16 Jun 2022 Common Stock 10,833 $7.75 Direct F10, F11
holding BASE Stock Option 9,166 16 Jun 2022 Common Stock 9,166 $7.75 The Henry Family Trust F10
holding BASE Stock Option 10,058 16 Jun 2022 Common Stock 10,058 $21.40 Direct F12, F13
holding BASE Stock Option 69,941 16 Jun 2022 Common Stock 69,941 $21.40 The Henry Family Trust F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs"). 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 Includes RSUs or performance-based restricted stock units ("PSUs"), each of which represents a contingent right to receive one share of the Issuer's Common Stock, subject to the applicable vesting schedule and the conditions of each RSU or PSU, respectively. On March 25, 2022, the Reporting Person transferred 170,000 PSUs to the Henry Family Trust, of which the Reporting Person serves as trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the trust. On March 25, 2022, the Reporting Person transferred 134,124 RSUs to The Henry Family Trust.
F3 Includes 1,000 shares acquired under the 2021 Employee Stock Purchase Plan on March 21, 2022.
F4 One fourth (1/4th) of the shares subject to the option vested on November 28, 2017 and one forty-eighth (1/48th) of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each such date.
F5 On March 14, 2022, the Reporting Person transferred a portion of the 293,218 shares subject to an option to the Henry Family Trust.
F6 One fourth (1/4th) of the shares subject to the option vested on February 1, 2019 and one forty-eighth (1/48th) of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each such date.
F7 On March 14, 2022, the Reporting Person transferred a portion of the 25,999 shares subject to an option to the Henry Family Trust.
F8 One fourth (1/4th) of the shares subject to the option vested on February 1, 2020 and one forty-eighth (1/48th) of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each such date.
F9 On March 14, 2022, the Reporting Person transferred a portion of the 40,000 shares subject to an option to the Henry Family Trust.
F10 One fourth (1/4th) of the shares subject to the option vested on February 1, 2021 and one forty-eighth (1/48th) of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each such date.
F11 On March 14, 2022, the Reporting Person transferred a portion of the 19,999 shares subject to an option to the Henry Family Trust.
F12 One fourth (1/4th) of the shares subject to the option vested on February 1, 2022 and one forty-eighth (1/48th) of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each such date.
F13 On March 14, 2022, the Reporting Person transferred a portion of the 79,999 shares subject to an option to the Henry Family Trust.