Brian Armstrong - 01 Jul 2024 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Jul 2024, 16:18:00 UTC
Prior SEC filing
12 Jun 2024
Next SEC filing
15 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brian Armstrong, by Doug Sharp Attorney-in-Fact

Key filing fact

Brian Armstrong filed Form 4 for Coinbase Global, Inc. (COIN) on 03 Jul 2024.

Key facts

  • This page summarizes Brian Armstrong's Form 4 filing for Coinbase Global, Inc. (COIN).
  • 9 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 03 Jul 2024, 16:18.

Change

  • Previous filing in this sequence was filed on 12 Jun 2024.
  • Current net transaction value: -$5,330,842.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

COIN transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+23,075
Change %
+4387%
Price
$0.000000
Shares after
23,601
Date
01 Jul 2024
Ownership
By The Brian Armstrong Living Trust
Footnotes
F1, F2, F3
COIN transaction

Class A Common Stock

Sale

Transaction value
$247,945
Shares
-1,100
Change %
-4.7%
Price
$225.40
Shares after
22,501
Date
01 Jul 2024
Ownership
By The Brian Armstrong Living Trust
Footnotes
F1, F4
COIN transaction

Class A Common Stock

Sale

Transaction value
$667,864
Shares
-2,931
Change %
-13%
Price
$227.86
Shares after
19,570
Date
01 Jul 2024
Ownership
By The Brian Armstrong Living Trust
Footnotes
F1, F5
COIN transaction

Class A Common Stock

Sale

Transaction value
$712,618
Shares
-3,112
Change %
-16%
Price
$228.99
Shares after
16,458
Date
01 Jul 2024
Ownership
By The Brian Armstrong Living Trust
Footnotes
F1, F6
COIN transaction

Class A Common Stock

Sale

Transaction value
$1,898,133
Shares
-8,228
Change %
-50%
Price
$230.69
Shares after
8,230
Date
01 Jul 2024
Ownership
By The Brian Armstrong Living Trust
Footnotes
F1, F7
COIN transaction

Class A Common Stock

Sale

Transaction value
$162,438
Shares
-700
Change %
-8.5%
Price
$232.05
Shares after
7,530
Date
01 Jul 2024
Ownership
By The Brian Armstrong Living Trust
Footnotes
F1, F8
COIN transaction

Class A Common Stock

Sale

Transaction value
$745,702
Shares
-3,193
Change %
-42%
Price
$233.54
Shares after
4,337
Date
01 Jul 2024
Ownership
By The Brian Armstrong Living Trust
Footnotes
F1, F9
COIN transaction

Class A Common Stock

Sale

Transaction value
$896,142
Shares
-3,811
Change %
-88%
Price
$235.15
Shares after
526
Date
01 Jul 2024
Ownership
By The Brian Armstrong Living Trust
Footnotes
F1, F10

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

COIN transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-23,075
Change %
-0.09%
Price
$0.000000
Shares after
25,763,900
Date
01 Jul 2024
Ownership
By The Brian Armstrong Living Trust
Underlying class
Class A Common Stock
Underlying amount
23,075
Exercise price
Footnotes
F1, F2, F3
COIN holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,008,393
Date
01 Jul 2024
Ownership
By The Ehrsam 2014 Irrevocable Trust
Underlying class
Class A Common Stock
Underlying amount
3,008,393
Exercise price
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 10 footnotes

Footnote F1

Represents the conversion of Class B Common Stock held of record by The Brian Armstrong Living Trust into Class A Common Stock.

Footnote F2

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 16, 2023, during an open trading window.

Footnote F3

Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

Footnote F4

Represents the weighted average sale price. The lowest price at which shares were sold was $224.9775 and the highest price at which shares were sold was $225.9581. 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 (4) through (10) to this Form 4.

Footnote F5

Represents the weighted average sale price. The lowest price at which shares were sold was $227.0333 and the highest price at which shares were sold was $228.0028.

Footnote F6

Represents the weighted average sale price. The lowest price at which shares were sold was $228.906 and the highest price at which shares were sold was $229.1014.

Footnote F7

Represents the weighted average sale price. The lowest price at which shares were sold was $230.0438 and the highest price at which shares were sold was $231.0053.

Footnote F8

Represents the weighted average sale price. The lowest price at which shares were sold was $232.0155 and the highest price at which shares were sold was $232.1067.

Footnote F9

Represents the weighted average sale price. The lowest price at which shares were sold was $233.1529 and the highest price at which shares were sold was $234.1335.

Footnote F10

Represents the weighted average sale price. The lowest price at which shares were sold was $234.9979 and the highest price at which shares were sold was $235.7299.

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