Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | COIN | Class A Common Stock | Options Exercise | $0 | +23K | +13.1% | $0.00 | 199K | Aug 20, 2023 | Direct | F1 |
transaction | COIN | Class A Common Stock | Options Exercise | $0 | +4.29K | +2.16% | $0.00 | 203K | Aug 20, 2023 | Direct | F1 |
transaction | COIN | Class A Common Stock | Options Exercise | $0 | +11.2K | +5.5% | $0.00 | 214K | Aug 20, 2023 | Direct | F1 |
transaction | COIN | Class A Common Stock | Tax liability | -$1.4M | -19.1K | -8.9% | $73.19 | 195K | Aug 20, 2023 | Direct | F2 |
holding | COIN | Class A Common Stock | 49.6K | Aug 20, 2023 | By Starvurst Exempt Trust | F3 | |||||
holding | COIN | Class A Common Stock | 21.7K | Aug 20, 2023 | By Sixers LLC | F4 | |||||
holding | COIN | Class A Common Stock | 23.2K | Aug 20, 2023 | By Starvurst Non-Exempt Trust | F5 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | COIN | Restricted Stock Units | Options Exercise | $0 | -23K | -50% | $0.00 | 23K | Aug 20, 2023 | Class A Common Stock Stock | 23K | $0.00 | Direct | F1, F6, F7, F8 |
transaction | COIN | Restricted Stock Units | Options Exercise | $0 | -4.29K | -16.67% | $0.00 | 21.4K | Aug 20, 2023 | Class A Common Stock | 4.29K | $0.00 | Direct | F1, F6, F8, F9 |
transaction | COIN | Restricted Stock Units | Options Exercise | $0 | -11.2K | -10% | $0.00 | 100K | Aug 20, 2023 | Class A Common Stock | 11.2K | $0.00 | Direct | F1, F6, F8, F10 |
Id | Content |
---|---|
F1 | Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. |
F2 | Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. |
F3 | These shares are held by the Starvurst Exempt Trust, of which the Reporting Person's spouse is a co-trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any. |
F4 | These shares are held by Sixers LLC, of which the Coinbase Annuity Trust is the sole member. The Reporting Person's spouse is the trustee of the Coinbase Annuity Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any. |
F5 | These shares are held by the Starvurst Non-Exempt Trust, of which the Reporting Person's spouse is a co-trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any. |
F6 | Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. |
F7 | The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2021, until the award is fully vested on November 20, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
F8 | RSUs do not expire; they either vest or are canceled prior to vesting date. |
F9 | The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2022, until the award is fully vested on November 20, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
F10 | The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2023, until the award is fully vested on November 20, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
The amount of securities beneficially owned by the Reporting Person following the transactions reported in the first four lines of Table I, Column 5 of Form 4 filed on May 23, 2023 were overstated by ten shares.