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Coinbase Global, Inc. Director's Dealing 2021

Dec 3, 2021

29896_dirs_2021-12-02_2b46b88f-c091-403d-8555-8d4d69c14fee.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2021-11-18

Reporting Person: Armstrong Brian (Director, Chairman and CEO, 10% Owner)
Reporting Person: Brian Armstrong Living Trust (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-11-30 Class A Common Stock G 271000 Disposed 29358 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-11-18 Class B Common Stock $ G 2215422 Disposed Class A Common Stock (2215422.0) Indirect
2021-11-18 Class B Common Stock $ G 180747 Disposed Class A Common Stock (180747.0) Indirect
2021-11-18 Class B Common Stock $ G 250637 Acquired Class A Common Stock (250637.0) Indirect

Footnotes

F1: Reflects a bona fide charitable gift made by the Reporting Person.

F2: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

F3: Reflects the transfer on November 18, 2021, of (i) 2,145,532 shares of Class B Common Stock from the Brian Armstrong 2018 Grantor Retained Annuity Trust ("2018 GRAT") to the Brian Armstrong 2018 Irrevocable Trust (ii) 69,890 shares of Class B Common Stock from the 2018 GRAT to the Brian Armstrong Living Trust and (iii) 180,747 shares of Class B Common Stock from the Brian Armstrong Grantor Retained Annuity Trust ("2020 GRAT") to the Brian Armstrong Living Trust in satisfaction of GRAT annuity payments owed to the reporting person. The GRAT annuity payments reflected on this Form were entered into in connection with the Reporting Person's long-term estate planning.