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Coinbase Global, Inc. — Director's Dealing 2021
Apr 5, 2021
29896_dirs_2021-04-05_56376f2a-63b6-472c-a760-f665e921f286.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: 2021-04-01
Reporting Person: Union Square Ventures 2012 Fund, L.P. (10% Owner)
Reporting Person: Union Square 2012 GP, L.L.C. (10% Owner)
Reporting Person: USV Investors 2012 Fund, L.P. (10% Owner)
Reporting Person: USV Opportunity 2014 GP, LLC (10% Owner)
Reporting Person: USV Opportunity 2014, LP (10% Owner)
Reporting Person: USV Opportunity Investors 2014, LP (10% Owner)
Reporting Person: Weissman Andy (10% Owner)
Reporting Person: Wenger Albert (10% Owner)
Reporting Person: Burnham Brad (10% Owner)
Reporting Person: Buttrick John (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-01 | Class A Common Stock | C | 11626100 | $0.00 | Acquired | 11626100 | Direct |
| 2021-04-01 | Class A Common Stock | C | 449762 | $0.00 | Acquired | 449762 | Indirect |
| 2021-04-01 | Class A Common Stock | C | 1738007 | $0.00 | Acquired | 1738007 | Indirect |
| 2021-04-01 | Class A Common Stock | C | 88455 | $0.00 | Acquired | 88455 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-01 | Class B Common Stock | $ | C | 11277506 | Acquired | Class A Common Stock (11277506) | Direct | |
| 2021-04-01 | Class B Common Stock | $ | C | 436274 | Acquired | Class A Common Stock (436274) | Indirect | |
| 2021-04-01 | Class B Common Stock | $ | C | 1738007 | Acquired | Class A Common Stock (1738007) | Indirect | |
| 2021-04-01 | Class B Common Stock | $ | C | 88455 | Acquired | Class A Common Stock (88455) | Indirect | |
| 2021-04-01 | Class B Common Stock | $ | C | 11626100 | Disposed | Class A Common Stock (11626100) | Direct | |
| 2021-04-01 | Class B Common Stock | $ | C | 449762 | Disposed | Class A Common Stock (449762) | Indirect | |
| 2021-04-01 | Class B Common Stock | $ | C | 1738007 | Disposed | Class A Common Stock (1738007) | Indirect | |
| 2021-04-01 | Class B Common Stock | $ | C | 88455 | Disposed | Class A Common Stock (88455) | Indirect | |
| 2021-04-01 | Series A Preferred Stock | $ | C | 11277506 | Disposed | Class B Common (11277506) | Direct | |
| 2021-04-01 | Series A Preferred Stock | $ | C | 436274 | Disposed | Class B Common (436274) | Indirect | |
| 2021-04-01 | Series C Preferred Stock | $ | C | 1738007 | Disposed | Class B Common (1738007) | Indirect | |
| 2021-04-01 | Series C Preferred Stock | $ | C | 88455 | Disposed | Class B Common (88455) | Indirect |
Footnotes
F1: Represents the conversion of Class B Common Stock held of record by Union Square Ventures 2012 Fund, L.P. into Class A Common Stock.
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: These shares are held by Union Square Ventures 2012 Fund, L.P. ("USV 2012 Fund"). Union Square 2012 GP, L.L.C. is the general partner of USV 2012 Fund and has sole voting and investment power with regard to the shares held by USV 2012 Fund. Fred Wilson, Brad Burnham, Albert Wenger, John Buttrick, and Andy Weissman are partners at Union Square Ventures and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV 2012 Fund. Each of these individuals disclaims beneficial ownership of these shares except to the extent of their pecuniary interest therein, if any.
F4: Represents the conversion of Class B Common Stock held of record by USV Investors 2012 Fund, L.P. into Class A Common Stock.
F5: These shares are held by USV Investors 2012 Fund, L.P. ("USV Investors 2012"). Union Square 2012 GP, L.L.C. is the general partner of USV Investors 2012 and has sole voting and investment power with regard to the shares held by USV Investors 2012. Fred Wilson, Brad Burnham, Albert Wenger, John Buttrick, and Andy Weissman are partners at Union Square Ventures and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV Investors 2012. Each of these individuals disclaims beneficial ownership of these shares except to the extent of their pecuniary interest therein, if any.
F6: Represents the conversion of Class B Common Stock held of record by USV Opportunity 2014, LP into Class A Common Stock.
F7: These shares are held by USV Opportunity 2014, LP ("USV Opportunity 2014 Fund"). USV Opportunity 2014 GP, LLC is the general partner of USV Opportunity 2014 Fund and has sole voting and investment power with regard to the shares held by USV Opportunity 2014 Fund. Fred Wilson, Brad Burnham, Albert Wenger, John Buttrick, and Andy Weissman are partners at Union Square Ventures and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV Opportunity 2014 Fund. Each of these individuals disclaims beneficial ownership of these shares except to the extent of their pecuniary interest therein, if any.
F8: Represents the conversion of Class B Common Stock held of record by USV Opportunity Investors 2014, LP into Class A Common Stock.
F9: These shares are held by USV Opportunity Investors 2014, LP ("USV Opportunity Investors 2014"). USV Opportunity 2014 GP, LLC is the general partner of USV Opportunity Investors 2014 and has sole voting and investment power with regard to the shares held by USV Opportunity Investors 2014. Fred Wilson, Brad Burnham, Albert Wenger, John Buttrick, and Andy Weissman are partners at Union Square Ventures and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV Opportunity Investors 2014. Each of these individuals disclaims beneficial ownership of these shares except to the extent of their pecuniary interest therein, if any.
F10: The Series A and Series C Preferred Stock are each convertible into Class B Common Stock on a 1:1 basis and have no expiration date. Upon the effectiveness of the Issuer's Registration automatically converted into shares of Class B Common Stock of the Issuer.