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Coinbase Global, Inc. Director's Dealing 2024

Feb 10, 2024

29896_dirs_2024-02-09_7de15979-d846-4d0e-a367-ea0996d47c94.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: 2024-02-07

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-07 Class A Common Stock C 75458 Acquired 81530 Indirect
2024-02-07 Class A Common Stock S 1823 $115.1827 Disposed 79707 Indirect
2024-02-07 Class A Common Stock S 5884 $116.322 Disposed 73823 Indirect
2024-02-07 Class A Common Stock S 14163 $117.3414 Disposed 59660 Indirect
2024-02-07 Class A Common Stock S 14162 $118.2657 Disposed 45498 Indirect
2024-02-07 Class A Common Stock S 12303 $119.068 Disposed 33195 Indirect
2024-02-07 Class A Common Stock S 2601 $120.3439 Disposed 30594 Indirect
2024-02-07 Class A Common Stock S 4580 $121.3422 Disposed 26014 Indirect
2024-02-07 Class A Common Stock S 16191 $122.3383 Disposed 9823 Indirect
2024-02-07 Class A Common Stock S 7523 $123.2272 Disposed 2300 Indirect
2024-02-07 Class A Common Stock S 2300 $124.0179 Disposed 0 Indirect
2024-02-08 Class A Common Stock C 16306 Acquired 16306 Indirect
2024-02-07 Classs A Common Stock S 600 $126.3467 Disposed 15706 Indirect
2024-02-08 Class A Common Stock S 700 $127.3338 Disposed 15006 Indirect
2024-02-08 Class A Common Stock S 1400 $128.5904 Disposed 13606 Indirect
2024-02-08 Class A Common Stock S 1100 $129.7854 Disposed 12506 Indirect
2024-02-08 Class A Common Stock S 3600 $130.7449 Disposed 8906 Indirect
2024-02-08 Class A Common Stock S 6594 $131.7813 Disposed 2312 Indirect
2024-02-08 Class A Common Stock S 2312 $132.4779 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-07 Class B Common Stock $ C 75458 Disposed Class A Common Stock (75458) Indirect
2024-02-08 Class B Common Stock $ C 16306 Disposed Class A Common Stock (16306) 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 $114.59 and the highest price at which shares were sold was $115.545. 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 (20) to this Form 4.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $115.665 and the highest price at which shares were sold was $116.66.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $116.69 and the highest price at which shares were sold was $117.68.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $117.70 and the highest price at which shares were sold was $118.68.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $118.70 and the highest price at which shares were sold was $119.68.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $119.80 and the highest price at which shares were sold was $120.74.

F10: Represents the weighted average sale price. The lowest price at which shares were sold was $120.80 and the highest price at which shares were sold was $121.79.

F11: Represents the weighted average sale price. The lowest price at which shares were sold was $121.81 and the highest price at which shares were sold was $122.80.

F12: Represents the weighted average sale price. The lowest price at which shares were sold was $122.805 and the highest price at which shares were sold was $123.80.

F13: Represents the weighted average sale price. The lowest price at which shares were sold was $123.815 and the highest price at which shares were sold was $124.35.

F14: Represents the weighted average sale price. The lowest price at which shares were sold was $125.91 and the highest price at which shares were sold was $126.85.

F15: Represents the weighted average sale price. The lowest price at which shares were sold was $127.01 and the highest price at which shares were sold was $127.97.

F16: Represents the weighted average sale price. The lowest price at which shares were sold was $128.18 and the highest price at which shares were sold was $129.00.

F17: Represents the weighted average sale price. The lowest price at which shares were sold was $129.21 and the highest price at which shares were sold was $130.18.

F18: Represents the weighted average sale price. The lowest price at which shares were sold was $130.22 and the highest price at which shares were sold was $131.21.

F19: Represents the weighted average sale price. The lowest price at which shares were sold was $131.25 and the highest price at which shares were sold was $132.23.

F20: Represents the weighted average sale price. The lowest price at which shares were sold was $132.25 and the highest price at which shares were sold was $132.80.

F21: 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.

F22: 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.

F23: 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.

F24: 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.

F25: 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.