Coinbase Global, Inc. — Director's Dealing 2023

Nov 29, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2023-11-27

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
2023-11-27	Class A Common Stock	C	42801	$0.00	Acquired	42801	Indirect
2023-11-27	Class A Common Stock	G	42801	$0.00	Disposed	0	Indirect
2023-11-28	Class A Common Stock	C	50000	$0.00	Acquired	50000	Indirect
2023-11-28	Class A Common Stock	S	50000	$125.1887	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-27	Class B Common Stock	$	G	2100704	Acquired		Class A Common Stock (2100704)	Indirect
2023-11-27	Class B Common Stock	$	C	42801	Disposed		Class A Common Stock (42801)	Indirect
2023-11-28	Class B Common Stock	$	C	50000	Disposed		Class A Common Stock (50000)	Indirect

Footnotes

F1: Represents the conversion of Class B Common Stock held of record by The Ehrsam 2014 Irrevocable Trust into Class A Common Stock.

F2: 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.

F3: 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.

F4: Represents the conversion of Class B Common Stock held of record by The Brian Armstrong Living Trust into Class A Common Stock.

F5: The transactions reported on this line were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 16, 2023, during an open trading window.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $125.00 and the highest price at which shares were sold was $125.67. 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: Reflects the transfer on November 27, 2023, of 2,100,704 shares of Class B Common Stock from The Frederick Ernest Ehrsam III 2020 Grantor Retained Annuity Trust ("GRAT") to The Ehrsam 2014 Irrevocable Trust in satisfaction of a GRAT annuity payment. The GRAT annuity payment reflected on this Form was entered into in connection with long-term estate planning.