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Coinbase Global, Inc. — Director's Dealing 2024
Mar 6, 2024
29896_dirs_2024-03-06_d8557397-bcc0-4ad5-a685-44ff89d28486.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: 2024-03-04
Reporting Person: Brock Lawrence J (Chief People Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-04 | Class A Common Stock | M | 25991 | $17.87 | Acquired | 39547 | Direct |
| 2024-03-04 | Class A Common Stock | M | 78762 | $18.71 | Acquired | 118309 | Direct |
| 2024-03-04 | Class A Common Stock | S | 93475 | $225.1946 | Disposed | 24834 | Direct |
| 2024-03-04 | Class A Common Stock | S | 11278 | $226.1226 | Disposed | 13556 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-04 | Employee Stock Option (right to buy) | $17.87 | M | 25991 | Disposed | 2029-04-16 | Class A Common Stock (25991) | Direct |
| 2024-03-04 | Employee Stock Option (right to buy) | $18.71 | M | 78762 | Disposed | 2030-02-04 | Class A Common Stock (78762) | Direct |
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 June 2, 2023, during an open trading window.
F2: Represents the weighted average sale price. The lowest price at which shares were sold was $225.00 and the highest price at which shares were sold was $225.61. 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 (2) and (3) to this Form 4.
F3: Represents the weighted average sale price. The lowest price at which shares were sold was $226.00 and the highest price at which shares were sold was $226.29.
F4: The options vested with respect to 1/4th of the total shares on April 17, 2019, and the remaining options vest in equal monthly installments thereafter until the options are fully vested on April 17, 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.
F5: The options vested with respect to 1/36th of the total shares on March 5, 2020, and the remaining options vest in equal monthly installments thereafter until the options are fully vested on February 5, 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.