Emilie Choi - Dec 1, 2023 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Emilie Choi, by Doug Sharp, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Dec 1, 2023
Transactions value $
-$1,011,120
Form type
4
Date filed
12/5/2023, 04:15 PM
Previous filing
Nov 22, 2023
Next filing
Dec 18, 2023

Transactions Table

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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

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.