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Coinbase Global, Inc. Director's Dealing 2021

Aug 17, 2021

29896_dirs_2021-08-16_dad2ee9a-8bbd-4bda-b342-b5674f6727eb.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: 2021-08-12

Reporting Person: Andreessen Marc L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-08-12 Class A Common Stock S 109592 $256.1189 Disposed 828538 Indirect
2021-08-12 Class A Common Stock S 134339 $257.2525 Disposed 694199 Indirect
2021-08-12 Class A Common Stock S 120974 $258.3323 Disposed 573225 Indirect
2021-08-12 Class A Common Stock S 44310 $259.2959 Disposed 528915 Indirect
2021-08-12 Class A Common Stock S 114507 $260.2277 Disposed 414408 Indirect
2021-08-12 Class A Common Stock S 45859 $261.1518 Disposed 368549 Indirect
2021-08-12 Class A Common Stock S 45786 $262.2862 Disposed 322763 Indirect
2021-08-12 Class A Common Stock S 26555 $263.1677 Disposed 296208 Indirect
2021-08-12 Class A Common Stock S 14678 $264.158 Disposed 281530 Indirect
2021-08-12 Class A Common Stock S 26863 $265.1591 Disposed 254667 Indirect
2021-08-12 Class A Common Stock S 42078 $266.2192 Disposed 212589 Indirect
2021-08-12 Class A Common Stock S 946 $266.8317 Disposed 211643 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 211 Indirect
Class A Common Stock 2263232 Indirect
Class A Common Stock 103075 Indirect

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: Represents the weighted average sale price. The lowest price at which shares were sold was $255.76 and the highest price at which shares were sold was $256.71. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnote (2) and footnotes (4) through (14) to this Form 4.

F3: The shares are held of record by the LAMA Community Trust of which the Reporting Person and his spouse are trustees.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $256.76 and the highest price at which shares were sold was $257.755.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $257.76 and the highest price at which shares were sold was $258.755.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $258.76 and the highest price at which shares were sold was $259.75.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $259.76 and the highest price at which shares were sold was $260.755.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $260.76 and the highest price at which shares were sold was $261.75.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $261.76 and the highest price at which shares were sold was $262.75.

F10: Represents the weighted average sale price. The lowest price at which shares were sold was $262.76 and the highest price at which shares were sold was $263.75.

F11: Represents the weighted average sale price. The lowest price at which shares were sold was $263.76 and the highest price at which shares were sold was $264.75.

F12: Represents the weighted average sale price. The lowest price at which shares were sold was $264.76 and the highest price at which shares were sold was $265.75.

F13: Represents the weighted average sale price. The lowest price at which shares were sold was $265.76 and the highest price at which shares were sold was $266.75.

F14: Represents the weighted average sale price. The lowest price at which shares were sold was $266.76 and the highest price at which shares were sold was $267.02.

F15: Represents shares received by a16z Seed-III, LLC ("a16z Seed") pursuant to a pro rata distribution by FundersClub Inc., for no consideration, of shares of Class A Common Stock of the Issuer to its stockholders in accordance with the exemption afforded by Rule 16a-9(a) of the Securities Exchange Act of 1934, as amended.

F16: These securities are held of record by a16z Seed. The securities held directly by a16z Seed are indirectly held by Andreessen Horowitz Fund III, L.P. for itself and as nominee for Andreessen Horowitz Fund III-A, L.P., Andreessen Horowitz Fund III-B, L.P., and Andreessen Horowitz Fund III-Q, L.P. (collectively, the "AH Fund III Entities"), the members of a16z Seed. AH Equity Partners III, L.L.C. ("AH EP III"), the general partner of the AH Fund III Entities, has sole voting and dispositive power with regard to the shares held by a16z Seed. The Reporting Person and Ben Horowitz are the managing members of AH EP III and share voting and dispositive power with respect to the shares held by a16z Seed.

F17: The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by a16z Seed and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.

F18: These securities are held by Andreessen Horowitz LSV Fund I, L.P., for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P. (collectively, the "AH LSV Fund I Entities"). AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of the AH LSV Fund I Entities, has sole voting and dispositive power with regard to the shares held by the AH LSV Fund I Entities. The Reporting Person and Ben Horowitz are the managing members of AH EP LSV I and share voting and dispositive power with respect to the shares held by the AH LSV Fund I Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund I Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.

F19: These securities are held by the AH Fund III Entities. AH EP III, the general partner of the AH Fund III Entities, has sole voting and dispositive power with regard to the securities held by the AH Fund III Entities. The Reporting Person and Ben Horowitz are the managing members of AH EP III and share voting and dispositive power with respect to the shares held by the AH Fund III Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund III Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.