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Coupang, Inc. — Director's Dealing 2021
Mar 11, 2021
29972_dirs_2021-03-10_8557b39a-e216-45d5-8641-75ce229ef637.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Coupang, Inc. (CPNG)
CIK: 0001834584
Period of Report: 2021-03-10
Reporting Person: Anand Gaurav (Chief Financial Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 2220750 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $1.93 | 2027-11-16 | Class A Common Stock (18750) | Direct | |
| Stock Option (right to buy) | $1.98 | 2028-05-16 | Class A Common Stock (150000) | Direct | |
| Stock Option (right to buy) | $1.99 | 2029-05-15 | Class A Common Stock (2478000) | Direct |
Footnotes
F1: Includes 1,267,500 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 267,500 of the RSUs are fully vested. 5% of the remaining 1,000,000 RSUs vested on March 1, 2021, and vest on each quarterly anniversary thereafter.
F2: 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.
F3: 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.
F4: 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.