Emilie Choi - Dec 29, 2023 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
President & COO
Signature
/s/ Emilie Choi, by Doug Sharp, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Dec 29, 2023
Transactions value $
-$279,090
Form type
4
Date filed
1/3/2024, 04:14 PM
Previous filing
Dec 18, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Sale -$279K -1.5K -0.73% $186.06 204K Dec 29, 2023 Direct F1
holding COIN Class A Common Stock 49.6K Dec 29, 2023 By Starvurst Exempt Trust F2
holding COIN Class A Common Stock 21.7K Dec 29, 2023 By Sixers LLC F3
holding COIN Class A Common Stock 23.2K Dec 29, 2023 By Starvurst Non-Exempt Trust F4
* 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 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.
F3 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.
F4 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.