William R. Carey - 10 Apr 2023 Form 3 Insider Report for Couchbase, Inc. (BASE)

Role
Chief Accounting Officer
Signature
/s/ Margaret Chow, by Power of Attorney for William R. Carey
Issuer symbol
BASE
Transactions as of
10 Apr 2023
Transactions value $
$0
Form type
3
Filing time
18 Apr 2023, 19:45:53 UTC
Next filing
21 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BASE Common Stock 46,044 10 Apr 2023 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
holding BASE Stock Option 10 Apr 2023 Common Stock 2,999 $21.40 Direct F3
holding BASE Stock Option 10 Apr 2023 Common Stock 22,053 $7.55 Direct F4
holding BASE Stock Option 10 Apr 2023 Common Stock 6,000 $9.95 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 7,947 shares of common stock, 22,097 restricted stock units ("RSUs") and 14,000 performance-based restricted stock units ("PSUs"). 11,177 RSUs will vest at 6.25% quarterly beginning June 15, 2022. 10,920 RSUs will vest at 6.25% quarterly beginning June 15, 2023. Quarterly vesting dates will fall on the first trading day on or after March 15th, June 15th, September 15th and December 15th. The PSUs will be eligible to vest in accordance with achieving certain performance milestones.
F2 Includes 1,000 shares acquired under the 2021 Employee Stock Purchase Plan ("ESPP") on March 21, 2022, and 1,000 shares acquired under the ESPP on March 20, 2023.
F3 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.
F4 One fourth (1/4th) of the shares subject to the option vested on July 22, 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.
F5 One fourth (1/4th) of the shares subject to the option vested on August 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.

Remarks:

Exhibit 24 - Power of Attorney