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Coinbase Global, Inc. — Director's Dealing 2023
Nov 9, 2023
29896_dirs_2023-11-08_dc4af3b6-82f2-4003-b59d-17895a761e75.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: 2023-11-06
Reporting Person: Armstrong Brian (Director, Chairman and CEO, 10% Owner)
Reporting Person: Brian Armstrong Living Trust (10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-06 | Class B Common Stock | $ | G | 1003282 | Disposed | Class A Common Stock (1003282) | Indirect | |
| 2023-11-06 | Class B Common Stock | $ | G | 5156301 | Disposed | Class A Common Stock (5156301) | Indirect | |
| 2023-11-06 | Class B Common Stock | $ | G | 1003282 | Acquired | Class A Common Stock (1003282) | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (950490) | 950490 | Indirect |
Footnotes
F1: 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.
F2: Reflects the transfer on November 6, 2023 of 1,003,282 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. The GRAT annuity payment reflected on this Form was entered into in connection with the Reporting Person's long-term estate planning.
F3: Reflects the transfer on November 6, 2023 of 5,156,301 shares of Class B Common Stock from the GRAT to The Brian Armstrong 2018 Irrevocable Trust in satisfaction of a GRAT annuity payment. The GRAT annuity payment reflected on this Form was entered into in connection with the Reporting Person's long-term estate planning.