Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | COIN | Class A Common Stock | Sale | -$1.01M | -8K | -3.73% | $126.39 | 207K | Dec 1, 2023 | Direct | F1, F2 |
holding | COIN | Class A Common Stock | 49.6K | Dec 1, 2023 | By Starvurst Exempt Trust | F3 | |||||
holding | COIN | Class A Common Stock | 21.7K | Dec 1, 2023 | By Sixers LLC | F4 | |||||
holding | COIN | Class A Common Stock | 23.2K | Dec 1, 2023 | By Starvurst Non-Exempt Trust | F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2023, during an open trading window. |
F2 | Includes 84 shares of Class A Common Stock issued to the Reporting Person on November 14, 2023 pursuant to the Issuer's employee stock purchase plan. |
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. |