Paul Grewal - Feb 26, 2024 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Paul Grewal, by Doug Sharp, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Feb 26, 2024
Transactions value $
-$7,096,875
Form type
4
Date filed
2/28/2024, 04:30 PM
Previous filing
Mar 27, 2024
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $919K +35K +47.79% $26.26 108K Feb 26, 2024 Direct F1
transaction COIN Class A Common Stock Sale -$135K -800 -0.74% $168.77 107K Feb 26, 2024 Direct F1, F2
transaction COIN Class A Common Stock Sale -$12.7K -75 -0.07% $169.90 107K Feb 26, 2024 Direct F1
transaction COIN Class A Common Stock Sale -$77.9K -453 -0.42% $172.05 107K Feb 26, 2024 Direct F1, F3
transaction COIN Class A Common Stock Sale -$85.5K -493 -0.46% $173.44 106K Feb 26, 2024 Direct F1, F4
transaction COIN Class A Common Stock Sale -$105K -600 -0.56% $175.28 106K Feb 26, 2024 Direct F1, F5
transaction COIN Class A Common Stock Sale -$177K -1K -0.95% $176.54 105K Feb 26, 2024 Direct F1, F6
transaction COIN Class A Common Stock Sale -$195K -1.1K -1.05% $177.58 104K Feb 26, 2024 Direct F1, F7
transaction COIN Class A Common Stock Sale -$77.8K -435 -0.42% $178.91 103K Feb 26, 2024 Direct F1, F8
transaction COIN Class A Common Stock Sale -$153K -849 -0.82% $180.10 102K Feb 26, 2024 Direct F1, F9
transaction COIN Class A Common Stock Sale -$72.7K -400 -0.39% $181.67 102K Feb 26, 2024 Direct F1, F10
transaction COIN Classs A Common Stock Sale -$288K -1.58K -1.55% $182.79 100K Feb 26, 2024 Direct F1, F11
transaction COIN Class A Common Stock Sale -$257K -1.4K -1.39% $183.78 99.1K Feb 26, 2024 Direct F1, F12
transaction COIN Class A Common Stock Sale -$203K -1.1K -1.11% $184.70 98K Feb 26, 2024 Direct F1, F13
transaction COIN Class A Common Stock Sale -$167K -900 -0.92% $185.72 97.1K Feb 26, 2024 Direct F1, F14
transaction COIN Class A Common Stock Sale -$115K -614 -0.63% $186.87 96.4K Feb 26, 2024 Direct F1, F15
transaction COIN Class A Common Stock Sale -$132K -700 -0.73% $188.33 95.7K Feb 26, 2024 Direct F1, F16
transaction COIN Class A Common Stock Sale -$292K -1.55K -1.61% $189.28 94.2K Feb 26, 2024 Direct F1, F17
transaction COIN Class A Common Stock Sale -$109K -571 -0.61% $190.03 93.6K Feb 26, 2024 Direct F1, F18
transaction COIN Class A Common Stock Sale -$170K -884 -0.94% $192.37 92.7K Feb 26, 2024 Direct F1, F19
transaction COIN Class A Common Stock Sale -$121K -627 -0.68% $193.32 92.1K Feb 26, 2024 Direct F1, F20
transaction COIN Class A Common Stock Sale -$5.03M -25.8K -27.98% $195.05 66.3K Feb 26, 2024 Direct F1, F21
transaction COIN Class A Common Stock Sale -$32.3K -165 -0.25% $195.96 66.2K Feb 26, 2024 Direct F1, F22
transaction COIN Class A Common Stock Sale -$10.8K -55 -0.08% $196.73 66.1K Feb 26, 2024 Direct F1

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 Employee Stock Option (right to buy) Options Exercise $0 -35K -8.93% $0.00 357K Feb 26, 2024 Class A Common Stock 35K $26.26 Direct F1, F23
* 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 23, 2023, during an open trading window.
F2 Represents the weighted average sale price. The lowest price at which shares were sold was $168.71 and the highest price at which shares were sold was $168.88. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (2) through (22) to this Form 4.
F3 Represents the weighted average sale price. The lowest price at which shares were sold was $171.43 and the highest price at which shares were sold was $172.40.
F4 Represents the weighted average sale price. The lowest price at which shares were sold was $173.06 and the highest price at which shares were sold was $173.79.
F5 Represents the weighted average sale price. The lowest price at which shares were sold was $175.00 and the highest price at which shares were sold was $175.72.
F6 Represents the weighted average sale price. The lowest price at which shares were sold was $176.19 and the highest price at which shares were sold was $176.89.
F7 Represents the weighted average sale price. The lowest price at which shares were sold was $177.21 and the highest price at which shares were sold was $177.86.
F8 Represents the weighted average sale price. The lowest price at which shares were sold was $178.38 and the highest price at which shares were sold was $179.30.
F9 Represents the weighted average sale price. The lowest price at which shares were sold was $179.54 and the highest price at which shares were sold was $180.50.
F10 Represents the weighted average sale price. The lowest price at which shares were sold was $181.15 and the highest price at which shares were sold was $182.00.
F11 Represents the weighted average sale price. The lowest price at which shares were sold was $182.32 and the highest price at which shares were sold was $183.26.
F12 Represents the weighted average sale price. The lowest price at which shares were sold was $183.34 and the highest price at which shares were sold was $184.32.
F13 Represents the weighted average sale price. The lowest price at which shares were sold was $184.45 and the highest price at which shares were sold was $185.26.
F14 Represents the weighted average sale price. The lowest price at which shares were sold was $185.48 and the highest price at which shares were sold was $185.97.
F15 Represents the weighted average sale price. The lowest price at which shares were sold was $186.69 and the highest price at which shares were sold was $187.30.
F16 Represents the weighted average sale price. The lowest price at which shares were sold was $187.71 and the highest price at which shares were sold was $188.69.
F17 Represents the weighted average sale price. The lowest price at which shares were sold was $188.86 and the highest price at which shares were sold was $189.77.
F18 Represents the weighted average sale price. The lowest price at which shares were sold was $189.86 and the highest price at which shares were sold was $190.21.
F19 Represents the weighted average sale price. The lowest price at which shares were sold was $191.90 and the highest price at which shares were sold was $192.79.
F20 Represents the weighted average sale price. The lowest price at which shares were sold was $192.95 and the highest price at which shares were sold was $193.77.
F21 Represents the weighted average sale price. The lowest price at which shares were sold was $194.30 and the highest price at which shares were sold was $195.28.
F22 Represents the weighted average sale price. The lowest price at which shares were sold was $195.60 and the highest price at which shares were sold was $196.30.
F23 1/4 of the total shares underlying the option vested on August 31, 2021 and the remaining 3/4th of the shares underlying the option will vest in equal monthly installments thereafter until the option is fully vested on August 31, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.