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Coinbase Global, Inc. — Director's Dealing 2023
Dec 27, 2023
29896_dirs_2023-12-27_1dae3b88-a60d-40a9-9007-787e81f130c4.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: 2023-12-22
Reporting Person: Brock Lawrence J (Chief People Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-22 | Class A Common Stock | M | 104767 | $17.87 | Acquired | 115856 | Direct |
| 2023-12-22 | Class A Common Stock | S | 104767 | $175.2037 | Disposed | 11089 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-12-22 | Employee Stock Option (right to buy) | $17.87 | M | 104767 | Disposed | 2029-04-16 | Class A Common Stock (104767) | Direct |
Footnotes
F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2023, during an open trading window.
F2: Represents the weighted average sale price. The lowest price at which shares were sold was $175.00 and the highest price at which shares were sold was $175.70. The Reporting Person undertakes to provide upon request to the staff of the Securities Exchange Commission, the issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
F3: The options vested with respect to 1/4th of the total shares on February 25, 2020, and the remaining options vest in equal monthly installments thereafter until the options are fully vested on February 25, 2023, 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.