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Coinbase Global, Inc. — Director's Dealing 2024
Mar 12, 2024
29896_dirs_2024-03-12_825a6aae-6986-43f7-bfd9-3188495575a3.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: 2024-03-08
Reporting Person: Choi Emilie (President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-08 | Class A Common Stock | M | 100000 | $18.71 | Acquired | 327551 | Direct |
| 2024-03-08 | Class A Common Stock | S | 100000 | $249.4894 | Disposed | 227551 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-08 | Employee Stock Option (right to buy) | $18.71 | M | 100000 | Disposed | 2029-10-30 | Class A Common Stock (100000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 49643 | Indirect |
| Class A Common Stock | 21726 | Indirect |
| Class A Common Stock | 23199 | Indirect |
Footnotes
F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2023, during an open trading window.
F2: Represents the weighted average sale price. The lowest price at which shares were sold was $249.00 and the highest price at which shares were sold was $249.97. 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 this footnote.
F3: These shares are held by the Starvurst Exempt Trust, of which the Reporting Person's spouse is a co-trustee.
F4: These shares are held by Sixers LLC, of which the Coinbase Annuity Trust is the sole member. The Reporting Person's spouse is the trustee of the Coinbase Annuity Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
F5: These shares are held by the Starvurst Non-Exempt Trust, of which the Reporting Person's spouse is a co-trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
F6: The options vest in equal monthly increments over four years, with the first 1/48 of the options vesting on July 3, 2019, until the options are fully vested on June 3, 2023, 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.