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Coinbase Global, Inc. — Director's Dealing 2021
Apr 1, 2021
29896_dirs_2021-04-01_d86d7eaa-f6f6-4959-a45e-8c89f86d55c2.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: HAAS ALESIA J (Chief Financial Officer)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $6.9733 | 2028-04-30 | Class B Common Stock (1350000) | Direct | |
| Employee Stock Option (right to buy) | $18.13 | 2030-04-28 | Class A Common Stock (221456) | Direct | |
| Restricted Stock Units | $0.00 | Class A Common Stock (124336) | Direct |
Footnotes
F1: The options vested with respect to 1/4th of the total shares on April 17, 2019, and the remaining 3/4th of the options vest in equal monthly installments thereafter until the options are fully vested on April 17, 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.
F2: The options vest in equal monthly increments over four years, with the first 1/48 of the options vesting on February 1, 2020, until the options are fully vested on January 1, 2024, 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.
F3: The restricted stock units ("RSUs") vest with respect to 16.67% of the total award on May 20, 2021, and an additional 8.33% of the award vests quarterly thereafter until the award is fully vested on February 20, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F4: RSUs do not expire; they either vest or are canceled prior to vesting date.