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Coinbase Global, Inc. — Director's Dealing 2021
Apr 1, 2021
29896_dirs_2021-04-01_8525ff35-99e2-4045-ba9a-44e9f215753b.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2021-04-01
Reporting Person: Choi Emilie (President)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 5344 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (39969) | Direct | ||
| Class B Common Stock | $ | Class A Common Stock (60000) | Indirect | ||
| Class B Common Stock | $ | Class A Common Stock (119340) | Indirect | ||
| Employee Stock Option (right to buy) | $6.9733 | 2028-04-30 | Class B Common Stock (160549) | Direct | |
| Employee Stock Option (right to buy) | $18.71 | 2029-10-30 | Class A Common Stock (1809593) | Direct | |
| Restricted Stock Units | $0.00 | Class A Common Stock (276302) | Direct |
Footnotes
F1: These shares are held by the Starvurst Exempt Trust, of which the Reporting Person's spouse is a co-trustee.
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 the Starvurst Annuity Trust, of which the Reporting Person's spouse is the trustee.
F4: The options vest in equal increments on the 5th day of each month until the options are fully vested on March 5, 2022, subject to the Reporting Person's continued service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.
F5: The options vest in equal monthly increments over four years, with the first 1/48 of the options vesting on July 3, 2019, until the options are fully vested on June 3, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.
F6: The restricted stock units ("RSUs") vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2021, until the award is fully vested on November 20, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F7: RSUs do not expire; they either vest or are canceled prior to vesting date.