Kathryn Haun - May 21, 2021 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Director
Signature
/s/ Doug Sharp, Attorney-in-Fact for Kathryn Haun
Stock symbol
COIN
Transactions as of
May 21, 2021
Transactions value $
-$2,253,027
Form type
4
Date filed
5/25/2021, 06:55 PM
Previous filing
May 24, 2021
Next filing
Jul 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Other $0 -1.15M -33.78% $0.00 2.26M May 21, 2021 By Andreessen Horowitz LSV Fund I, L.P. F1, F2, F3
transaction COIN Class A Common Stock Other $0 +176 +1.88% $0.00 9.52K May 21, 2021 Direct F4
transaction COIN Class A Common Stock Sale -$2.14M -9.52K -100% $225.24 0 May 24, 2021 Direct F5
transaction COIN Class A Common Stock Sale -$108K -478 -0.83% $226.52 57.4K May 24, 2021 By Gherardesca LLC F6
holding COIN Class A Common Stock 110K May 21, 2021 By EZT Trust F7
holding COIN Class A Common Stock 150K May 21, 2021 By The Gherardesca Annuity Trust F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro rata share distribution of the Issuer's Class A Common Stock by Andreessen Horowitz LSV Fund I, L.P., for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P. (collectively, the "AH LSV Fund I Entities") to their respective partners and such partners' members, as applicable, for no consideration. The aforementioned distribution was made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
F2 These reported securities are held by Andreessen Horowitz LSV Fund I, L.P., for itself and as nominee for the AH LSV Fund I Entities. AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of the AH LSV Fund I Entities, has sole voting and dispositive power with regard to the shares held by the AH LSV Fund I Entities. Marc Andreessen and Ben Horowitz are the managing members of AH EP LSV I and share voting and dispositive power with respect to the shares held by the AH LSV Fund I Entities.
F3 The Reporting Person is a member of the general partners of the AH LSV Fund I Entities, but the Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the shares held by the AH LSV Fund I Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares, except to the extent of the Reporting Person's pecuniary interest therein, if any, by virtue of the Reporting Person's interest in the AH LSV Fund I Entities, and/or the general partner entities thereof, as applicable.
F4 Represents shares received by the Reporting Person pursuant to a pro rata distribution by AH EP LSV I for no consideration, of shares of Class A Common Stock of the Issuer to its respective partners and such partners' members, as applicable. The aforementioned distribution was made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
F5 Represents the weighted average sale price. The lowest price at which shares were sold was $225.13 and the highest price at which shares were sold was $225.58. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or the Issuer's stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
F6 These reported securities are held by Gherardesca LLC. The Reporting Person is one of two investment managers of of Gherardesca LLC. As an investment manager, the Reporting Person has shared voting and investment power over the shares held by Gherardesca LLC.
F7 These reported securities are held by EZT Trust. The Reporting Person is the settlor of EZT Trust, which is a family trust whose trustee is a member of the Reporting Person's non-immediate family. The Reporting Person disclaims beneficial ownership of the securities held by the EZT Trust except to the extent of the Reporting Person's pecuniary interest therein, if any.
F8 The Reporting Person is the settlor and investment trustee of the Gherardesca Annuity Trust. As investment trustee, the Reporting Person has sole voting and investment power over the shares held by the Gherardesca Annuity Trust.