Coinbase Global, Inc. — Director's Dealing 2021

Apr 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2021-04-15

Reporting Person: Andreessen Horowitz LSV Fund I, L.P. (10% Owner)
Reporting Person: Andreessen Horowitz LSV Fund I-B, L.P. (10% Owner)
Reporting Person: Andreessen Horowitz LSV Fund I-Q, L.P. (10% Owner)
Reporting Person: CNK Fund I, L.P. (10% Owner)
Reporting Person: CNK Fund I-B, L.P. (10% Owner)
Reporting Person: CNK Fund I-Q, L.P. (10% Owner)
Reporting Person: CNK Equity Partners I, L.L.C. (10% Owner)
Reporting Person: AH Equity Partners LSV I, L.L.C. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-15	Class A Common Stock	S	300	$318.6433	Disposed	18555	Indirect
2021-04-15	Class A Common Stock	S	400	$320.035	Disposed	18155	Indirect
2021-04-15	Class A Common Stock	S	700	$320.8414	Disposed	17455	Indirect
2021-04-15	Class A Common Stock	S	828	$321.8895	Disposed	16627	Indirect
2021-04-15	Class A Common Stock	S	2593	$322.8698	Disposed	14034	Indirect
2021-04-15	Class A Common Stock	S	1400	$323.9406	Disposed	12634	Indirect
2021-04-15	Class A Common Stock	S	539	$324.8662	Disposed	12095	Indirect
2021-04-15	Class A Common Stock	S	400	$326.21	Disposed	11695	Indirect
2021-04-15	Class A Common Stock	S	200	$327.02	Disposed	11495	Indirect
2021-04-15	Class A Common Stock	S	700	$329.0092	Disposed	10795	Indirect
2021-04-15	Class A Common Stock	S	1463	$331.2954	Disposed	9332	Indirect
2021-04-15	Class A Common Stock	S	1537	$332.2823	Disposed	7795	Indirect
2021-04-15	Class A Common Stock	S	2700	$333.2793	Disposed	5095	Indirect
2021-04-15	Class A Common Stock	S	1900	$334.155	Disposed	3195	Indirect
2021-04-15	Class A Common Stock	S	600	$334.9667	Disposed	2595	Indirect
2021-04-15	Class A Common Stock	S	400	$336.2425	Disposed	2195	Indirect
2021-04-15	Class A Common Stock	S	800	$337.3225	Disposed	1395	Indirect
2021-04-15	Class A Common Stock	S	300	$338.2367	Disposed	1095	Indirect
2021-04-15	Class A Common Stock	S	337	$339.5135	Disposed	758	Indirect
2021-04-15	Class A Common Stock	S	263	$340.5399	Disposed	495	Indirect
2021-04-15	Class A Common Stock	S	100	$341.588	Disposed	395	Indirect
2021-04-15	Class A Common Stock	S	200	$342.125	Disposed	195	Indirect
2021-04-15	Class A Common Stock	S	195	$348.85	Disposed	0	Indirect
2021-04-15	Class A Common Stock	S	394	$325.3626	Disposed	103075	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	3417943	Indirect
Class A Common Stock	418615	Indirect

Footnotes

F1: Represents the weighted average sale price. The lowest price at which shares were sold was $318.32 and the highest price at which shares were sold was $319.25. The Reporting Persons undertake to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or the Issuer's stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnote (1) and footnotes (3) through (24) to this Form 4.

F2: The securities are held of record by AH Capital Management, L.L.C. The members of AH Capital Management, L.L.C. are Marc Andreessen and Ben Horowitz, who share voting and dispositive power with respect to the shares held by AH Capital Management, L.L.C. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AH Capital Management, L.L.C. and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.

F3: Represents the weighted average sale price. The lowest price at which shares were sold was $319.38 and the highest price at which shares were sold was $320.35.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $320.39 and the highest price at which shares were sold was $321.24.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $321.44 and the highest price at which shares were sold was $322.41.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $322.44 and the highest price at which shares were sold was $323.40.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $323.50 and the highest price at which shares were sold was $324.42.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $324.59 and the highest price at which shares were sold was $325.16.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $325.75 and the highest price at which shares were sold was $326.71.

F10: Represents the weighted average sale price. The lowest price at which shares were sold was $327.00 and the highest price at which shares were sold was $327.04.

F11: Represents the weighted average sale price. The lowest price at which shares were sold was $328.50 and the highest price at which shares were sold was $329.49.

F12: Represents the weighted average sale price. The lowest price at which shares were sold was $330.73 and the highest price at which shares were sold was $331.70.

F13: Represents the weighted average sale price. The lowest price at which shares were sold was $331.74 and the highest price at which shares were sold was $332.73.

F14: Represents the weighted average sale price. The lowest price at which shares were sold was $332.76 and the highest price at which shares were sold was $333.74.

F15: Represents the weighted average sale price. The lowest price at which shares were sold was $333.79 and the highest price at which shares were sold was $334.78.

F16: Represents the weighted average sale price. The lowest price at which shares were sold was $334.86 and the highest price at which shares were sold was $335.15.

F17: Represents the weighted average sale price. The lowest price at which shares were sold was $335.87 and the highest price at which shares were sold was $336.72.

F18: Represents the weighted average sale price. The lowest price at which shares were sold was $336.91 and the highest price at which shares were sold was $337.84.

F19: Represents the weighted average sale price. The lowest price at which shares were sold was $337.91 and the highest price at which shares were sold was $338.80.

F20: Represents the weighted average sale price. The lowest price at which shares were sold was $339.00 and the highest price at which shares were sold was $339.92.

F21: Represents the weighted average sale price. The lowest price at which shares were sold was $340.00 and the highest price at which shares were sold was $340.92.

F22: Represents the weighted average sale price. The lowest price at which shares were sold was $341.00 and the highest price at which shares were sold was $341.98.

F23: Represents the weighted average sale price. The lowest price at which shares were sold was $342.00 and the highest price at which shares were sold was $342.25.

F24: Represents the weighted average sale price. The lowest price at which shares were sold was $325.30 and the highest price at which shares were sold was $325.42.

F25: These securities are held of record by a16z Seed-III, LLC ("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. Marc Andreessen 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.

F26: (Continued from footnote 25) Each of the Reporting Persons 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 any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.

F27: 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. Marc Andreessen 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. Each of the Reporting Persons 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 any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.

F28: These securities are held of record by a family trust for which Ben Horowitz is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Ben Horowitz, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.