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Coupang, Inc. — Director's Dealing 2022
Nov 16, 2022
29972_dirs_2022-11-15_fadb8377-1cc3-4ee7-a2eb-2268961c8486.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Coupang, Inc. (CPNG)
CIK: 0001834584
Period of Report: 2022-11-11
Reporting Person: GREENOAKS CAPITAL PARTNERS LLC (Director, See Remarks)
Reporting Person: MEHTA NEIL (Director)
Reporting Person: PERETZ BENJAMIN (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-11 | Class A Common Stock | J | 30065906 | — | Disposed | 72851928 | Indirect |
| 2022-11-14 | Class A Common Stock | S | 1250000 | $18.14 | Disposed | 71601928 | Indirect |
| 2022-11-15 | Class A Common Stock | S | 600000 | $19.24 | Disposed | 71001928 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 30625 | Direct |
Footnotes
F1: This transaction represents an in-kind distribution by certain funds and accounts to which Greenoaks Capital Partners LLC ("Greenoaks Capital") serves as the investment adviser.
F2: The securities reported herein are held by certain funds and accounts to which Greenoaks Capital serves as the investment adviser and related persons or entities, including the Reporting Persons, certain estate planning vehicles, and by Greenoaks Capital Management LLC. Neil Mehta ("Mr. Mehta") and Benjamin Peretz ("Mr. Peretz") serve as Managing Directors of Greenoaks Capital. Mr. Mehta is a director of the Issuer.
F3: Each Reporting Person disclaims beneficial ownership in the securities reported herein except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F4: Represents the grant of Restricted Stock Units ("RSUs") to Mr. Mehta for his service on the board of the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will vest on the earlier of (i) the date of the next annual meeting of stockholders of the Issuer following June 16, 2022 or (ii) June 16, 2023.