Coinbase Global, Inc. — Director's Dealing 2023

Dec 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2023-12-19

Reporting Person: Ehrsam Frederick Ernest III (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-19	Class A Common Stock	S	2410	$154.2271	Disposed	740924	Indirect
2023-12-19	Class A Common Stock	S	9587	$155.2707	Disposed	731337	Indirect
2023-12-19	Class A Common Stock	S	11081	$156.1772	Disposed	720256	Indirect
2023-12-19	Class A Common Stock	S	19193	$157.1851	Disposed	701063	Indirect
2023-12-19	Class A Common Stock	S	6500	$158.1369	Disposed	694563	Indirect
2023-12-19	Class A Common Stock	S	16175	$159.4272	Disposed	678388	Indirect
2023-12-19	Class A Common Stock	S	21758	$160.1822	Disposed	656630	Indirect
2023-12-19	Class A Common Stock	S	10532	$161.1224	Disposed	646098	Indirect
2023-12-19	Class A Common Stock	S	600	$161.9765	Disposed	645498	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	4662	Direct
Class A Common Stock	2583752	Indirect
Class A Common Stock	1931844	Indirect

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 August 21, 2023, during an open trading window.

F2: Represents the weighted average sale price. The lowest price at which shares were sold was $153.61 and the highest price at which shares were sold was $154.59. 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 range set forth herein.

F3: Represents the weighted average sale price. The lowest price at which shares were sold was $154.70 and the highest price at which shares were sold was $155.695. 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 range set forth herein.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $155.70 and the highest price at which shares were sold was $156.69. 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 range set forth herein.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $156.70 and the highest price at which shares were sold was $157.69. 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 range set forth herein.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $157.70 and the highest price at which shares were sold was $158.69. 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 range set forth herein.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $158.75 and the highest price at which shares were sold was $159.745. 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 range set forth herein.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $159.75 and the highest price at which shares were sold was $160.74. 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 range set forth herein.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $160.77 and the highest price at which shares were sold was $161.73. 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 range set forth herein.

F10: Represents the weighted average sale price. The lowest price at which shares were sold was $161.89 and the highest price at which shares were sold was $162.05. 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 range set forth herein.

F11: These shares are held by Paradigm Fund L.P. Paradigm Fund GP LLC, the general partner of Paradigm Fund L.P., has sole voting and investment power with regard to the shares held by Paradigm Fund L.P. The Frederick Ernest Ehrsam III Living Trust and Matt Huang are the managing members of Paradigm Fund GP LLC. The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. Shares held by Paradigm Fund L.P. include shares that may be subsequently sold by each of the each of Frederick Ernest Ehrsam III Living Trust and Matt Huang following in-kind distributions of shares by such entity. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.

F12: These shares are held by Paradigm One LP. Paradigm One GP LLC, the general partner of Paradigm One LP, has sole voting and investment power with regard to the shares held by Paradigm One LP. The Frederick Ernest Ehrsam III Living Trust and Matt Huang are the managing members of Paradigm One GP LLC. The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.