Coinbase Global, Inc. — Director's Dealing 2022

Nov 23, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2022-11-20

Reporting Person: Jones Jennifer N. (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-20	Class A Common Stock	M	1259	—	Acquired	28676	Direct
2022-11-20	Class A Common Stock	M	783	—	Acquired	29459	Direct
2022-11-20	Class A Common Stock	M	723	—	Acquired	30182	Direct
2022-11-20	Class A Common Stock	M	1553	—	Acquired	31735	Direct
2022-11-20	Class A Common Stock	M	6375	—	Acquired	38110	Direct
2022-11-20	Class A Common Stock	F	5304	$45.26	Disposed	32806	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-20	Restricted Stock Units	$0.0	M	1259	Disposed		Class A Common Stock (1259.0)	Direct
2022-11-20	Restricted Stock Units	$0.0	M	783	Disposed		Class A Common Stock (783.0)	Direct
2022-11-20	Restricted Stock Units	$0.0	M	723	Disposed		Class A Common Stock (723.0)	Direct
2022-11-20	Restricted Stock Units	$0.0	M	1553	Disposed		Class A Common Stock (1553.0)	Direct
2022-11-20	Restricted Stock Units	$0.0	M	6375	Disposed		Class A Common Stock (6375.0)	Direct

Footnotes

F1: Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.

F2: Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.

F3: Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F4: 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.

F5: RSUs do not expire; they either vest or are canceled prior to vesting date.

F6: The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2022, until the award is fully vested on November 20, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F7: The RSUs vest with respect to 33.33% of the total award on May 20, 2022, and an additional 16.66% of the award vests each quarter thereafter 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.

F8: The RSUs vest with respect to 50% of the total award on November 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.