Alesia J. Haas - Dec 22, 2023 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Alesia J. Haas, by Doug Sharp, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Dec 22, 2023
Transactions value $
-$175,000
Form type
4
Date filed
12/27/2023, 04:27 PM
Previous filing
Dec 15, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Sale -$175K -1K -0.36% $175.00 279K Dec 22, 2023 Direct F1
holding COIN Class A Common Stock 20.9K Dec 22, 2023 By ACB 2021, LLC F2
* 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 March 3, 2023, during an open trading window.
F2 These shares are held of record by ACB 2021, LLC, of which the Reporting Person is the sole member. The Reporting Person disclaims beneficial ownership of the shares owned by ACB 2021, LLC, except to the extent of her pecuniary interest therein, if any.

Remarks:

Footnote 1 to Form 4 filed on December 15, 2023 reflected that the Reporting Person's Rule 10b5-1 trading plan was adopted on June 2, 2023. The date of adoption of that plan was March 3, 2023.