Coinbase Global, Inc. — Director's Dealing 2024

Mar 19, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2024-03-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-15	Class A Common Stock	C	16380	—	Acquired	16380	Indirect
2024-03-15	Class A Common Stock	S	1	$225.79	Disposed	16379	Indirect
2024-03-15	Class A Common Stock	S	100	$227.26	Disposed	16279	Indirect
2024-03-15	Class A Common Stock	S	500	$229.6408	Disposed	15779	Indirect
2024-03-15	Class A Common Stock	S	400	$230.8575	Disposed	15379	Indirect
2024-03-15	Class A Common Stock	S	100	$231.94	Disposed	15279	Indirect
2024-03-15	Class A Common Stock	S	400	$233.6163	Disposed	14879	Indirect
2024-03-15	Class A Common Stock	S	1500	$235.0054	Disposed	13379	Indirect
2024-03-15	Class A Common Stock	S	2200	$236.0386	Disposed	11179	Indirect
2024-03-15	Class A Common Stock	S	1100	$237.1273	Disposed	10079	Indirect
2024-03-15	Class A Common Stock	S	1686	$238.0995	Disposed	8393	Indirect
2024-03-15	Class A Common Stock	S	1710	$239.2357	Disposed	6683	Indirect
2024-03-15	Class A Common Stock	S	500	$240.367	Disposed	6183	Indirect
2024-03-15	Class A Common Stock	S	2800	$241.2714	Disposed	3383	Indirect
2024-03-15	Class A Common Stock	S	2183	$242.3486	Disposed	1200	Indirect
2024-03-15	Class A Common Stock	S	900	$243.1636	Disposed	300	Indirect
2024-03-15	Class A Common Stock	S	300	$244.1757	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-15	Class B Common Stock	$	C	16380	Disposed		Class A Common Stock (16380)	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

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (601637)	601637	Indirect
Class B Common Stock	$		Class A Common Stock (2719574)	2719574	Indirect
Class B Common Stock	$		Class A Common Stock (7301833)	7301833	Indirect

Footnotes

F1: Represents the conversion of Class B Common Stock held of record by The Frederick Ernest Ehrsam III Living Trust into Class A Common Stock.

F2: 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.

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: Represents the weighted average sale price. The lowest price at which shares were sold was $229.35 and the highest price at which shares were sold was $229.95. 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 ranges set forth in footnotes (4) through (16) to this Form 4.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $230.505 and the highest price at which shares were sold was $231.255.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $233.02 and the highest price at which shares were sold was $233.96.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $234.55 and the highest price at which shares were sold was $235.51.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $235.59 and the highest price at which shares were sold was $236.55.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $236.66 and the highest price at which shares were sold was $237.535.

F10: Represents the weighted average sale price. The lowest price at which shares were sold was $237.61 and the highest price at which shares were sold was $238.60.

F11: Represents the weighted average sale price. The lowest price at which shares were sold was $238.67 and the highest price at which shares were sold was $239.64.

F12: Represents the weighted average sale price. The lowest price at which shares were sold was $239.86 and the highest price at which shares were sold was $240.83.

F13: Represents the weighted average sale price. The lowest price at which shares were sold was $240.86 and the highest price at which shares were sold was $241.80.

F14: Represents the weighted average sale price. The lowest price at which shares were sold was $241.895 and the highest price at which shares were sold was $242.82.

F15: Represents the weighted average sale price. The lowest price at which shares were sold was $242.90 and the highest price at which shares were sold was $243.405.

F16: Represents the weighted average sale price. The lowest price at which shares were sold was $244.06 and the highest price at which shares were sold was $244.245.

F17: 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.

F18: 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.

F19: These shares are held by The Brian Armstrong Legacy 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.

F20: These shares are held by The Brian Armstrong 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.

F21: These shares are held by the Brian Armstrong 2018 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.