Tobias Lutke - Feb 20, 2024 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Director
Signature
/s/ Tobias Lutke, by Doug Sharp, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Feb 20, 2024
Transactions value $
$0
Form type
4
Date filed
2/22/2024, 04:20 PM
Previous filing
Jun 21, 2023
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $0 +623 +11.3% $0.00 6.14K Feb 20, 2024 Direct F1
holding COIN Class A Common Stock 209K Feb 20, 2024 By 7910240 Canada Inc. F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -623 -50.04% $0.00 622 Feb 20, 2024 Class A Common Stock 623 $0.00 Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
F2 . These shares are held of record by 7910240 Canada Inc., of which the Reporting Person is the sole director. The Reporting Person disclaims beneficial ownership of the shares owned by 7910240 Canada Inc., except to the extent of his pecuniary interest therein, if any.
F3 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F4 The RSUs vest with respect to 1/3 of the total award on February 20, 2023, and an additional 1/3 of the award vests in equal annual installments thereafter until the award is fully vested on February 20, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F5 RSUs do not expire; they either vest or are canceled prior to vesting date.