Filing Details

Accession Number:
0001209191-23-050155
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-09-20 16:25:10
Reporting Period:
2023-09-18
Accepted Time:
2023-09-20 16:25:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1845022 Couchbase Inc. BASE () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1224922 Kevin Efrusy 3250 Olcott St.
Santa Clara CA 95054
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-09-18 635,400 $17.71 2,370,354 No 4 S Indirect By: Accel X L.P;
Common Stock Disposition 2023-09-18 48,150 $17.71 179,615 No 4 S Indirect By: Accel X Strategic Partners L.P.
Common Stock Disposition 2023-09-18 66,450 $17.71 247,880 No 4 S Indirect By: Accel Investors 2008 L.L.C.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By: Accel X L.P;
No 4 S Indirect By: Accel X Strategic Partners L.P.
No 4 S Indirect By: Accel Investors 2008 L.L.C.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 13,364 Indirect By: The Efrusy Family Trust u/a/d 10/21/2005
Common Stock 2,022,312 Indirect By: Accel Growth Fund II L.P.
Common Stock 146,484 Indirect By: Accel Growth Fund II Strategic Partners L.P.
Common Stock 217,110 Indirect By: Accel Growth Fund Investors 2013 L.L.C.
Common Stock 21,533 Direct
Footnotes
  1. Accel X Associates L.L.C. ("A10A") is the General Partner of both Accel X L.P. and Accel X Strategic Partners L.P., and has the sole voting and investment power. Andrew G. Braccia, Kevin J. Efrusy, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock and Richard P. Wong are the Managing Members of A10A and Accel Investors 2008 L.L.C., and therefore share the voting and investment powers. Accel Growth Fund II Associates L.L.C., or AGF2A, is the General Partner of both Accel Growth Fund II L.P. and Accel Growth Fund II Strategic Partners L.P., and has the sole voting and investment power. Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney and Richard P. Wong are the Managing Members of AGF2A and Accel Growth Fund Investors 2013 L.L.C. and share such powers. Each person disclaims beneficial ownership except to the extent of their pecuniary interest therein. The address for all Accel entities listed above is 500 University Avenue, Palo Alto, California 94301.
  2. Shares held by The Efrusy Family Trust u/a/d 10/21/2005 (the "Trust"), of which Mr. Efrusy is a Trustee. The Reporting Person disclaims beneficial ownership over the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
  3. Represents restricted stock units ("RSUs") of the Issuer. Each unit represents a contingent right to receive one share of the Issuer's common stock upon vesting. 11,659 of the RSUs are fully-vested and one hundred percent (100%) of the remaining 9,874 RSUs will vest on the earlier of (i) June 1, 2024 or (ii) the day prior to the Issuer's 2024 annual meeting of stockholders, subject to the Reporting Person's continued service through each such vesting date.