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Coinbase Global, Inc. Director's Dealing 2024

Feb 28, 2024

29896_dirs_2024-02-28_6cffc6fb-674e-4a77-adff-a022a77d43d4.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: 2024-02-26

Reporting Person: Ehrsam Frederick Ernest III (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-26 Class A Common Stock C 8735 Acquired 8735 Indirect
2024-02-26 Class A Common Stock S 200 $175.33 Disposed 8535 Indirect
2024-02-26 Class A Common Stock S 700 $176.7636 Disposed 7835 Indirect
2024-02-26 Class A Common Stock S 400 $177.7689 Disposed 7435 Indirect
2024-02-26 Class A Common Stock S 327 $179.4196 Disposed 7108 Indirect
2024-02-26 Class A Common Stock S 300 $180.29 Disposed 6808 Indirect
2024-02-26 Class A Common Stock S 600 $182.36 Disposed 6208 Indirect
2024-02-26 Class A Common Stock S 900 $183.3917 Disposed 5308 Indirect
2024-02-26 Class A Common Stock S 600 $184.3042 Disposed 4708 Indirect
2024-02-26 Class A Common Stock S 600 $185.3985 Disposed 4108 Indirect
2024-02-26 Class A Common Stock S 200 $186.435 Disposed 3908 Indirect
2024-02-26 Classs A Common Stock S 400 $187.4566 Disposed 3508 Indirect
2024-02-26 Class A Common Stock S 500 $188.693 Disposed 3008 Indirect
2024-02-26 Class A Common Stock S 800 $189.6156 Disposed 2208 Indirect
2024-02-26 Class A Common Stock S 100 $190.46 Disposed 2108 Indirect
2024-02-26 Class A Common Stock S 500 $192.443 Disposed 1608 Indirect
2024-02-26 Class A Common Stock S 700 $193.3958 Disposed 908 Indirect
2024-02-26 Class A Common Stock S 708 $194.4121 Disposed 200 Indirect
2024-02-26 Class A Common Stock S 100 $195.10 Disposed 100 Indirect
2024-02-26 Class A Common Stock S 100 $196.75 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-26 Class B Common Stock $ C 8735 Disposed Class A Common Stock (8735) 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 $176.33 and the highest price at which shares were sold was $177.24. 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 (18) to this Form 4.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $177.47 and the highest price at which shares were sold was $178.00.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $178.965 and the highest price at which shares were sold was $179.85.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $180.12 and the highest price at which shares were sold was $180.52.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $181.81 and the highest price at which shares were sold was $182.75.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $182.91 and the highest price at which shares were sold was $183.82.

F10: Represents the weighted average sale price. The lowest price at which shares were sold was $183.92 and the highest price at which shares were sold was $184.90.

F11: Represents the weighted average sale price. The lowest price at which shares were sold was $185.05 and the highest price at which shares were sold was $185.94.

F12: Represents the weighted average sale price. The lowest price at which shares were sold was $186.09 and the highest price at which shares were sold was $186.78.

F13: Represents the weighted average sale price. The lowest price at which shares were sold was $187.155 and the highest price at which shares were sold was $187.82.

F14: Represents the weighted average sale price. The lowest price at which shares were sold was $188.22 and the highest price at which shares were sold was $189.13.

F15: Represents the weighted average sale price. The lowest price at which shares were sold was $189.26 and the highest price at which shares were sold was $190.05.

F16: Represents the weighted average sale price. The lowest price at which shares were sold was $191.93 and the highest price at which shares were sold was $192.72.

F17: Represents the weighted average sale price. The lowest price at which shares were sold was $193.015 and the highest price at which shares were sold was $194.00.

F18: Represents the weighted average sale price. The lowest price at which shares were sold was $194.06 and the highest price at which shares were sold was $195.02.

F19: These shares are held by Paradigm Fund LP. Paradigm Fund GP LLC, the general partner of Paradigm Fund LP, has sole voting and investment power with regard to the shares held by Paradigm Fund LP. 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. 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 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.

F21: 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.

F22: 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.

F23: 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.