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Coinbase Global, Inc. — Director's Dealing 2021
Apr 1, 2021
29896_dirs_2021-04-01_d4a48600-b686-4f54-b948-d779419c2760.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: Jones Jennifer N. (Chief Accounting Officer)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (18483) | Direct | ||
| Employee Stock Option (right to buy) | $6.9733 | 2028-08-02 | Class B Common Stock (191517) | Direct | |
| Employee Stock Option (right to buy) | $18.13 | 2030-04-28 | Class A Common Stock (16609) | Direct | |
| Employee Stock Option (right to buy) | $23.46 | 2030-08-18 | Class A Common Stock (21598) | Direct | |
| Restricted Stock Units | $0.00 | Class A Common Stock (22794) | Direct | ||
| Restricted Stock Units | $0.00 | Class A Common Stock (6268) | Direct | ||
| Restricted Stock Units | $0.00 | Class A Common Stock (10072) | Direct |
Footnotes
F1: 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.
F2: The options vest in equal increments on the 30th day of each month until the options are fully vested on July 30, 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.
F3: 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.
F4: The options vest in equal monthly increments over four years, with the first 1/48 of the options vesting on August 1, 2020, until the options are fully vested on July 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.
F5: The restricted stock units ("RSUs") vest with respect to 50% of the total award on February 20, 2022, and the remaining 50% of the award vests on February 20, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F6: RSUs do not expire; they either vest or are canceled prior to vesting date.
F7: The RSUs vest with respect to 25% of the total award on May 20, 2021, and an additional 12.5% of the award vests each quarter thereafter until the award is fully vested on November 20, 2022, subject to the Reporting Person's continued service to the Issuer on each vesting date.