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Coinbase Global, Inc. — Director's Dealing 2023
Jun 29, 2023
29896_dirs_2023-06-29_bcf72a51-ba87-4185-adc4-270c55b11a91.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: 2023-06-27
Reporting Person: Jones Jennifer N. (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-27 | Class A Common Stock | C | 74375 | — | Acquired | 109127 | Direct |
| 2023-06-27 | Class A Common Stock | S | 74375 | $70 | Disposed | 34752 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-27 | Employee Stock Option (right to buy) | $6.9733 | M | 74375 | Disposed | 2028-08-02 | Class B Common Stock (74375.0) | Direct |
| 2023-06-27 | Class B Common Stock | $ | M | 74375 | Acquired | Class A Common Stock (74375.0) | Direct | |
| 2023-06-27 | Class B Common Stock | $ | C | 74375 | Disposed | Class A Common Stock (74375.0) | Direct |
Footnotes
F1: The transactions reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 3, 2023, during an open trading window.
F2: Represents the conversion of Class B Common Stock held of record by the Reporting Person into Class A Common Stock.
F3: 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.
F4: The options vest in equal increments on the 30th day of each month until the options are fully vested on July 30, 2022, 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.