Frederick Ernest Ehrsam III - May 9, 2023 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Director
Signature
/s/ Frederick Ernest Ehrsam III, by Steven Madrid, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
May 9, 2023
Transactions value $
$50,035,002
Form type
4
Date filed
5/11/2023, 08:03 PM
Previous filing
Feb 14, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Purchase $3.56M +60K +5.35% $59.33 1.18M May 9, 2023 By Paradigm One LP F1, F2
transaction COIN Class A Common Stock Purchase $2.41M +40K +3.38% $60.13 1.22M May 9, 2023 By Paradigm One LP F2, F3
transaction COIN Class A Common Stock Purchase $3.95M +65.2K +5.34% $60.51 1.29M May 10, 2023 By Paradigm One LP F2, F4
transaction COIN Class A Common Stock Purchase $10.4M +168K +13.07% $61.55 1.46M May 10, 2023 By Paradigm One LP F2, F5
transaction COIN Class A Common Stock Purchase $26.5M +425K +29.22% $62.38 1.88M May 10, 2023 By Paradigm One LP F2, F6
transaction COIN Class A Common Stock Purchase $3.25M +51.4K +2.73% $63.24 1.93M May 10, 2023 By Paradigm One LP F2, F7
holding COIN Class A Common Stock 1.13M May 9, 2023 By The Frederick Ernest Ehrsam III Living Trust F8, F9
holding COIN Class A Common Stock 2.58M May 9, 2023 By Paradigm Fund, LP F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average purchase price. The lowest price at which shares were purchased was $58.96 and the highest price at which shares were purchased was $59.91. 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 purchased at each separate price within the ranges set forth in footnotes (1) and (3) through (7) to this Form 4.
F2 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.
F3 Represents the weighted average purchase price. The lowest price at which shares were purchased was $59.96 and the highest price at which shares were purchased was $60.195.
F4 Represents the weighted average purchase price. The lowest price at which shares were purchased was $59.92 and the highest price at which shares were purchased was $60.91.
F5 Represents the weighted average purchase price. The lowest price at which shares were purchased was $60.92 and the highest price at which shares were purchased was $61.915.
F6 Represents the weighted average purchase price. The lowest price at which shares were purchased was $61.92 and the highest price at which shares were purchased was $62.91.
F7 Represents the weighted average purchase price. The lowest price at which shares were purchased was $62.92 and the highest price at which shares were purchased was $63.74.
F8 Includes 1,213 shares of Class A Common Stock transferred by the Reporting Person to The Frederick Ernest Ehrsam III Living Trust on August 10, 2022 for estate planning purposes.
F9 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.
F10 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.