Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Coinbase Global, Inc. Director's Dealing 2021

Nov 24, 2021

29896_dirs_2021-11-23_a7e5f79a-f57b-4239-80de-c7ac03b2b361.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2021-11-20

Reporting Person: Jones Jennifer N. (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-11-20 Class A Common Stock M 1259 Acquired 20268 Direct
2021-11-20 Class A Common Stock M 783 Acquired 21051 Direct
2021-11-20 Class A Common Stock M 1045 Acquired 22096 Direct
2021-11-20 Class A Common Stock F 1533 $332.55 Disposed 20563 Direct
2021-11-22 Class A Common Stock S 1028 $333.52 Disposed 19535 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-11-20 Restricted Stock Units $0.0 M 1259 Disposed Class A Common Stock (1259.0) Direct
2021-11-20 Restricted Stock Units $0.0 M 783 Disposed Class A Common (783.0) Direct
2021-11-20 Restricted Stock Units $0.0 M 1045 Disposed Class A Common (1045.0) Direct

Footnotes

F1: Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.

F2: Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.

F3: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 1, 2021, during an open trading window.

F4: Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F5: The RSUs vest with respect to 25% of the total award on May 20, 2021, and an additional 12.5% of the award vests each quarter thereafter until the award is fully vested on November 20, 2022, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F6: RSUs do not expire; they either vest or are canceled prior to vesting date.

F7: The RSUs vest with respect to 50% of the total award on August 20, 2021, and an additional 50% of the award vests on November 20, 2021, subject to the Reporting Person's continued service to the Issuer on each vesting date.