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Coinbase Global, Inc. Director's Dealing 2023

Feb 22, 2023

29896_dirs_2023-02-22_84b244e2-35b1-4d04-ac43-667a355358c8.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: 2023-02-20

Reporting Person: Jones Jennifer N. (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-02-20 Class A Common Stock M 11397 Acquired 42028 Direct
2023-02-20 Class A Common Stock M 723 Acquired 42751 Direct
2023-02-20 Class A Common Stock M 777 Acquired 43528 Direct
2023-02-20 Class A Common Stock M 6375 Acquired 49903 Direct
2023-02-20 Class A Common Stock M 1256 Acquired 51159 Direct
2023-02-20 Class A Common Stock F 8210 $65.20 Disposed 42949 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-02-20 Restricted Stock Units $0.0 M 11397 Disposed Class A Common Stock (11397.0) Direct
2023-02-20 Restricted Stock Units $0.0 M 723 Disposed Class A Common Stock (723.0) Direct
2023-02-20 Restricted Stock Units $0.0 M 777 Disposed Class A Common Stock (777.0) Direct
2023-02-20 Restricted Stock Units $0.0 M 6375 Disposed Class A Common Stock (6375.0) Direct
2023-02-20 Restricted Stock Units $0.0 M 1256 Disposed Class A Common Stock (1256.0) Direct

Footnotes

F1: Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.

F2: Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.

F3: Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F4: The RSUs vest with respect to 50% of the total award on February 20, 2022, and the remaining 50% of the award vests on February 20, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F5: RSUs do not expire; they either vest or are canceled prior to vesting date.

F6: The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2022, until the award is fully vested on November 20, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F7: The RSUs vest with respect to 1/3 of the total award on May 20, 2022, an additional 1/6 of the award vests on August 20, 2022 and November 20, 2022, and the remaining award vests in equal 1/12 quarterly installments thereafter until the award is fully vested on November 20, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F8: The RSUs vest with respect to 50% of the total award on November 20, 2022, and the remaining 50% of the award vests on February 20, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F9: The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2023, until the award is fully vested on November 20, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.