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Coinbase Global, Inc. Director's Dealing 2022

May 25, 2022

29896_dirs_2022-05-24_9143faab-b44c-454f-892f-31835edc2922.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2022-05-20

Reporting Person: Haun Kathryn (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-03-09 Class A Common Stock G 23628 Disposed 126372 Indirect
2022-03-09 Class A Common Stock G 23628 Acquired 26046 Direct
2022-03-30 Class A Common Stock G 8 Disposed 126364 Indirect
2022-03-30 Class A Common Stock G 8 Acquired 26054 Direct
2022-05-20 Class A Common Stock M 2417 Acquired 28471 Direct
2022-05-20 Class A Common Stock M 1288 Acquired 29759 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-05-20 Restricted Stock Units $0.0 M 2417 Disposed Class A Common Stock (2417.0) Direct
2022-05-20 Restricted Stock Units $0.0 M 1288 Disposed Class A Common Stock (1288.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 57376 Indirect

Footnotes

F1: Reflects the transfer on (i) March 9, 2022, of 23,628 shares of Class A Common Stock and (ii) March 30, 2022, of 8 shares of Class A Common Stock from The Gherardesca Annuity Trust to the Reporting Person in satisfaction of GRAT annuity payments owed to the Reporting Person. The GRAT annuity payments reflected on this Form 4 were entered into in connection with the Reporting Person's long-term estate planning.

F2: The Reporting Person is the settlor and investment trustee of the Gherardesca Annuity Trust. As investment trustee, the Reporting Person has sole voting and investment power over the shares held by the Gherardesca Annuity Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.

F3: Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.

F4: These shares are held of record by Gherardesca LLC. The Reporting Person is one of two investment managers of Gherardesca LLC. As an investment manager, the Reporting Person has shared voting and investment power over the shares held by Gherardesca LLC. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.

F5: Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F6: The RSUs vest with respect to 12.5% of the total award on May 20, 2021, and an additional 12.5% of the award vests in equal quarterly installments thereafter until the award is fully vested on February 20, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F7: RSUs do not expire; they either vest or are canceled prior to vesting date.

F8: The RSUs vest on the earlier of May 20, 2022, or the date of the first annual meeting of the stockholders of the Issuer following the direct listing, subject to Reporting Person's continued service to the Issuer on the vesting date.