Coupang, Inc. — Director's Dealing 2021

Dec 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coupang, Inc. (CPNG)
CIK: 0001834584
Period of Report: 2021-12-14

Reporting Person: Anand Gaurav (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-14	Class A Common Stock	M	18750	$1.93	Acquired	2079500	Direct
2021-12-14	Class A Common Stock	M	120000	$1.98	Acquired	2199500	Direct
2021-12-14	Class A Common Stock	M	438000	$1.99	Acquired	2637500	Direct
2021-12-14	Class A Common Stock	S	350000	$27.36	Disposed	2287500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-14	Stock Option (right to buy)	$1.93	M	18750	Disposed	2027-11-16	Class A Common Stock (18750)	Direct
2021-12-14	Stock Option (right to buy)	$1.98	M	120000	Disposed	2028-05-16	Class A Common Stock (120000)	Direct
2021-12-14	Stock Option (right to buy)	$1.99	M	438000	Disposed	2029-05-15	Class A Common Stock (438000)	Direct

Footnotes

F1: Includes 800,000 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.

F2: The sale reported on this Form 4 were effected to satisfy certain exercise costs and tax obligations of the Reporting Person incurred with the exercise of the stock options reported on this Form 4.

F3: 25% of the shares subject to the stock option vested on October 1, 2018, 25% of the shares vested on October 1, 2019, and 6.25% vest on each quarterly anniversary thereafter. The original stock option for 100,000 shares was exercised for an aggregate of 81,250 shares between October 21, 2020 and January 11, 2021.

F4: 10% of the shares subject to the stock option vested on March 1, 2019, and 6.25% vest on each quarterly anniversary thereafter. The original stock option for 300,000 shares was exercised for an aggregate of 150,000 shares between October 21, 2020 and January 4, 2021.

F5: 10.8% of the shares subject to the stock option vested on May 1, 2020, and 6.25% vest on each quarterly anniversary thereafter. The original stock option for 3,000,000 shares was exercised for an aggregate of 522,000 shares between October 30, 2020 and November 12, 2020