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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Coupang, Inc. [ CPNG ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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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)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
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) | |||||||||||||||
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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) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
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. |