Coinbase Global, Inc. — Director's Dealing 2024

Mar 7, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2024-03-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-05	Class A Common Stock	C	16380	—	Acquired	16380	Indirect
2024-03-05	Class A Common Stock	S	1904	$216.7733	Disposed	14476	Indirect
2024-03-05	Class A Common Stock	S	1000	$218.0038	Disposed	13476	Indirect
2024-03-05	Class A Common Stock	S	203	$218.9718	Disposed	13273	Indirect
2024-03-05	Class A Common Stock	S	600	$220.565	Disposed	12673	Indirect
2024-03-05	Class A Common Stock	S	700	$221.4257	Disposed	11973	Indirect
2024-03-05	Class A Common Stock	S	1500	$222.542	Disposed	10473	Indirect
2024-03-05	Class A Common Stock	S	1800	$223.6585	Disposed	8673	Indirect
2024-03-05	Class A Common Stock	S	800	$224.8279	Disposed	7873	Indirect
2024-03-05	Class A Common Stock	S	600	$225.9652	Disposed	7273	Indirect
2024-03-05	Class A Common Stock	S	541	$227.2369	Disposed	6732	Indirect
2024-03-05	Class A Common Stock	S	1104	$228.3288	Disposed	5628	Indirect
2024-03-05	Class A Common Stock	S	900	$229.1758	Disposed	4728	Indirect
2024-03-05	Class A Common Stock	S	400	$230.3563	Disposed	4328	Indirect
2024-03-05	Class A Common Stock	S	300	$232.9656	Disposed	4028	Indirect
2024-03-05	Class A Common Stock	S	1128	$233.9987	Disposed	2900	Indirect
2024-03-05	Class A Common Stock	S	1100	$235.1223	Disposed	1800	Indirect
2024-03-05	Class A Common Stock	S	900	$236.1611	Disposed	900	Indirect
2024-03-05	Class A Common Stock	S	500	$237.574	Disposed	400	Indirect
2024-03-05	Class A Common Stock	S	400	$238.7196	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-05	Class B Common Stock	$	C	0	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 $216.19 and the highest price at which shares were sold was $217.17 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 (22) to this Form 4.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $217.45 and the highest price at which shares were sold was $218.35.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $218.51 and the highest price at which shares were sold was $219.45.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $220.09 and the highest price at which shares were sold was $220.91.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $221.13 and the highest price at which shares were sold was $221.97.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $222.18 and the highest price at which shares were sold was $223.11.

F10: Represents the weighted average sale price. The lowest price at which shares were sold was $223.27 and the highest price at which shares were sold was $224.25.

F11: Represents the weighted average sale price. The lowest price at which shares were sold was $224.42 and the highest price at which shares were sold was $225.25.

F12: Represents the weighted average sale price. The lowest price at which shares were sold was $225.48 and the highest price at which shares were sold was $226.37.

F13: Represents the weighted average sale price. The lowest price at which shares were sold was $226.66 and the highest price at which shares were sold was $227.62.

F14: Represents the weighted average sale price. The lowest price at which shares were sold was $227.77 and the highest price at which shares were sold was $228.735.

F15: Represents the weighted average sale price. The lowest price at which shares were sold was $228.90 and the highest price at which shares were sold was $229.53.

F16: Represents the weighted average sale price. The lowest price at which shares were sold was $230.13 and the highest price at which shares were sold was $230.57.

F17: Represents the weighted average sale price. The lowest price at which shares were sold was $232.55 and the highest price at which shares were sold was $233.35.

F18: Represents the weighted average sale price. The lowest price at which shares were sold was $233.56 and the highest price at which shares were sold was $234.37.

F19: Represents the weighted average sale price. The lowest price at which shares were sold was $234.74 and the highest price at which shares were sold was $235.705.

F20: Represents the weighted average sale price. The lowest price at which shares were sold was $235.90 and the highest price at which shares were sold was $236.69.

F21: Represents the weighted average sale price. The lowest price at which shares were sold was $237.19 and the highest price at which shares were sold was $238.12.

F22: Represents the weighted average sale price. The lowest price at which shares were sold was $238.51 and the highest price at which shares were sold was $239.00.

F23: 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.

F24: 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.

F25: 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.

F26: 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.

F27: 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.