Coinbase Global, Inc. — Director's Dealing 2022

Nov 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Armstrong Brian (Director, Chairman and CEO, 10% Owner)
Reporting Person: Brian Armstrong Living Trust (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-11	Class A Common Stock	C	17	—	Acquired	29732	Indirect
2022-11-11	Class A Common Stock	S	300	$46.7067	Disposed	29432	Indirect
2022-11-11	Class A Common Stock	S	700	$48.3995	Disposed	28732	Indirect
2022-11-11	Class A Common Stock	S	500	$49.335	Disposed	28232	Indirect
2022-11-11	Class A Common Stock	S	1083	$50.5726	Disposed	27149	Indirect
2022-11-11	Class A Common Stock	S	1600	$51.2306	Disposed	25549	Indirect
2022-11-11	Class A Common Stock	S	2090	$52.6499	Disposed	23459	Indirect
2022-11-11	Class A Common Stock	S	4310	$53.6512	Disposed	19149	Indirect
2022-11-11	Class A Common Stock	S	3700	$54.6573	Disposed	15449	Indirect
2022-11-11	Class A Common Stock	S	5204	$55.6334	Disposed	10245	Indirect
2022-11-11	Class A Common Stock	S	6990	$56.4795	Disposed	3255	Indirect
2022-11-11	Class A Common Stock	S	2755	$57.6802	Disposed	500	Indirect
2022-11-11	Class A Common Stock	S	500	$58.159	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-11	Class B Common Stock	$	G	1386462	Disposed		Class A Common Stock (1386462.0)	Indirect
2022-11-11	Class B Common Stock	$	G	1386462	Acquired		Class A Common Stock (1386462.0)	Indirect
2022-11-11	Class B Common Stock	$	C	17	Disposed		Class A Common Stock (17.0)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (950490.0)	950490	Indirect

Footnotes

F1: Represents the conversion of Class B Common Stock held of record by The Brian Armstrong Living Trust into Class A Common Stock.

F2: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 26, 2022, during an open trading window.

F3: 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.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $46.65 and the highest price at which shares were sold was $46.82. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (4) to (15) to this Form 4.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $47.93 and the highest price at which shares were sold was $48.77.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $48.95 and the highest price at which shares were sold was $49.61.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $49.99 and the highest price at which shares were sold was $50.98.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $51.00 and the highest price at which shares were sold was $51.71.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $52.00 and the highest price at which shares were sold was $52.985.

F10: Represents the weighted average sale price. The lowest price at which shares were sold was $53.015 and the highest price at which shares were sold was $53.98.

F11: Represents the weighted average sale price. The lowest price at which shares were sold was $54.11 and the highest price at which shares were sold was $55.055.

F12: Represents the weighted average sale price. The lowest price at which shares were sold was $55.11 and the highest price at which shares were sold was $56.10.

F13: Represents the weighted average sale price. The lowest price at which shares were sold was $56.135 and the highest price at which shares were sold was $57.13.

F14: Represents the weighted average sale price. The lowest price at which shares were sold was $57.14 and the highest price at which shares were sold was $58.01.

F15: Represents the weighted average sale price. The lowest price at which shares were sold was $58.155 and the highest price at which shares were sold was $58.175.

F16: Reflects the transfer on November 11, 2022 of 1,386,462 shares of Class B Common Stock from The Brian Armstrong 2020 Grantor Retained Annuity Trust ("GRAT") to The Brian Armstrong Living Trust in satisfaction of a GRAT annuity payment owed to the Reporting Person. The GRAT annuity payment reflected on this Form was entered into in connection with the Reporting Person's long-term estate planning.

F17: These shares are held by The Ehrsam 2014 Irrevocable Trust, of which the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.