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Coupang | S-8: Initial registration statement for securities to be offered to employees pursuant to employee benefit plans

SEC announcement ·  Feb 29 11:23
Summary by Futu AI
Coupang, Inc., a leading e-commerce company, filed a Registration Statement on Form S-8 with the U.S. Securities and Exchange Commission (SEC) on February 28, 2024. The filing is related to the 2021 Equity Incentive Plan, which stipulates an automatic increase in the number of shares reserved for issuance. On January 1, 2024, an additional 89,516,440 shares of Class A common stock became available under the plan, representing 5% of the outstanding capital stock as of December 31, 2023. The total number of shares reserved also increased by 712,445 shares due to expired or terminated awards, and by another 4,504,152 shares due to forfeited restricted stock unit awards. These additional shares are of the same class as those covered by previous Registration Statements filed in 2021, 2022, and 2023. The Form S-8 filing incorporates by reference the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and other documents filed with the SEC.
Coupang, Inc., a leading e-commerce company, filed a Registration Statement on Form S-8 with the U.S. Securities and Exchange Commission (SEC) on February 28, 2024. The filing is related to the 2021 Equity Incentive Plan, which stipulates an automatic increase in the number of shares reserved for issuance. On January 1, 2024, an additional 89,516,440 shares of Class A common stock became available under the plan, representing 5% of the outstanding capital stock as of December 31, 2023. The total number of shares reserved also increased by 712,445 shares due to expired or terminated awards, and by another 4,504,152 shares due to forfeited restricted stock unit awards. These additional shares are of the same class as those covered by previous Registration Statements filed in 2021, 2022, and 2023. The Form S-8 filing incorporates by reference the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and other documents filed with the SEC.

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