SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Park Daejun

(Last) (First) (Middle)
C/O COUPANG, INC.
TOWER 730, 570, SONGPA-DAERO, SONGPA-GU

(Street)
SEOUL M5 05510

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/10/2021
3. Issuer Name and Ticker or Trading Symbol
Coupang, Inc. [ CPNG ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Rep Director, Business Dvlpmnt
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 589,520(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) (2) 05/30/2027 Class A Common Stock 2,625 1.9 D
Stock Option (right to buy) (3) 05/16/2028 Class A Common Stock 14,688 1.98 D
Stock Option (right to buy) (4) 05/15/2029 Class A Common Stock 84,375 1.99 D
Explanation of Responses:
1. Includes an aggregate of 152,208 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 52,208 of the RSUs are fully vested. 6.25% of the remaining 100,000 RSUs vested on March 1, 2021, and vest on each quarterly anniversary thereafter.
2. 25% of the shares subject to the stock option vested on April 1, 2018, 25% of the shares vested on April 1, 2019, and 6.25% vest on each quarterly anniversary thereafter. The original stock option for 42,000 shares was exercised for 39,375 shares on January 5, 2021.
3. 25% 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 47,000 shares was exercised for 32,312 shares on January 5, 2021.
4. 25% of the shares subject to the stock option vested on March 1, 2020, and 6.25% vest on each quarterly anniversary thereafter. The original grant for 150,000 shares was exercised for 65,625 shares on January 5, 2021.
Remarks:
/s/ Emily Epstein, Attorney-in-Fact 03/10/2021
** 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 5 (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.