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Coupang, Inc. — Director's Dealing 2024
Jun 18, 2024
29972_dirs_2024-06-17_d585ce22-f72d-4489-b6f7-c4f4be183229.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: 2024-06-13
Reporting Person: Sun Benjamin (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-13 | Class A Common Stock | A | 15207 | — | Acquired | 337375 | Direct |
| 2024-06-17 | Class A Common Stock | G | 30000 | — | Disposed | 307375 | Direct |
| 2024-06-17 | Class A Common Stock | S | 700000 | $20.63 | Disposed | 2169421 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 2239473 | Indirect |
| Class A Common Stock | 3941562 | Indirect |
Footnotes
F1: Represents the grant of Restricted Stock Units (RSUs). 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 13, 2024 or (ii) June 13, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
F2: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $20.50 to $20.85 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3: Benjamin Sun is a Partner at Primary Venture Partners, which is the general partner of LaunchTime LLC and each of Sun Brothers LLC and Sun Brothers II LLC.