SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Sun Benjamin

(Last)

(First)

(Middle)

C/O COUPANG, INC.

TOWER 730, 570, SONGPA-DAERO, SONGPA-GU

(Street)

SEOUL

05510

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Coupang, Inc. [ CPNG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	08/13/2021		J⁽¹⁾		6,034,691	D	$37.04⁽²⁾	2,586,293	I	By LaunchTime Alpha Associates LLC⁽³⁾
Class A Common Stock	08/13/2021		J⁽⁴⁾		2,725,658	D	$34.14	4,698,690	I	By LaunchTime LLC⁽³⁾
Class A Common Stock	08/13/2021		J⁽⁵⁾		3,797,560	D	$37.04⁽²⁾	1,627,525	I	By LaunchTime II LLC⁽³⁾
Class A Common Stock	08/13/2021		J⁽⁶⁾		1,648,982	D	$34.14	564	I	By LaunchTime III LLC⁽³⁾
Class A Common Stock	08/13/2021		J⁽⁷⁾		2,389,130	D	$34.14	0	I	By LaunchTime IV LLC⁽³⁾
Class A Common Stock	08/13/2021		J⁽⁸⁾		571,950	D	$34.14	405	I	By LaunchTime V LLC⁽³⁾
Class A Common Stock								2,869,421	I	By Sun Brothers LLC⁽³⁾
Class A Common Stock								2,389,473	I	By Sun Brothers II LLC⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Pro rata distribution by LaunchTime Alpha Associates LLC to its members.

2. Reflects the Reporting Person's best estimate of the distribution price. The Reporting Person will file an amendment to this Form 4 to the extent the actual distribution price differs in any material respect from the price reported in column (4).

3. Benjamin Sun is a Partner at Primary Venture Partners, which is the general partner of each of LaunchTime Alpha Associates LLC ("Alpha Associates"), LaunchTime LLC ("LaunchTime"), LaunchTime II LLC ("LaunchTime II"), LaunchTime III LLC ("LaunchTime III"), LaunchTime IV LLC ("LaunchTime IV"), LaunchTime V LLC (together with Alpha Associates, LaunchTime, LaunchTime II, LaunchTime III and LaunchTime IV, the "LaunchTime Entities"), and each of Sun Brothers LLC ("Sun Brothers") and Sun Brothers II LLC (together with Sun Brothers, the "Sun Brothers Entities").

4. Pro rata distribution by LaunchTime LLC to its members.

5. Pro rata distribution by LaunchTime II LLC to its members.

6. Pro rata distribution by LaunchTime III LLC to its members.

7. Pro rata distribution by LaunchTime IV LLC to its members.

8. Pro rata distribution by LaunchTime V LLC to its members.

Remarks:

	/s/ Emily Epstein, Attorney-in-Fact	08/17/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.