Surojit Chatterjee - Apr 14, 2021 Form 4/A - Amendment Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Surojit Chatterjee, by Jolie Yang, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Apr 14, 2021
Transactions value $
-$61,885,000
Form type
4/A - Amendment
Date filed
7/16/2021, 08:17 PM
Date Of Original Report
Apr 16, 2021
Next filing
Sep 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $2.99M +160K +2994.01% $18.71* 165K Apr 14, 2021 Direct
transaction COIN Class A Common Stock Gift $0 -165K -100% $0.00* 0 Apr 14, 2021 Direct
transaction COIN Class A Common Gift $0 +165K $0.00 165K Apr 14, 2021 By The Chatterjee Family Revocable Trust F1
transaction COIN Class A Common Sale -$51.4M -135K -81.65% $381.00 30.3K Apr 14, 2021 By The Chatterjee Family Revocable Trust F1
transaction COIN Class A Common Sale -$10.5M -25K -82.39% $418.00* 5.34K Apr 14, 2021 By The Chatterjee Family Revocable Trust 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 -$2.99M -160K -8.01% $18.71* 1.84M Apr 14, 2021 Class A Common Stock 160K $18.71 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held of record by The Chatterjee Family Revocable Trust, of which the Reporting Person and the Reporting Person's spouse are co-trustees. The Reporting Person disclaims beneficial ownership of the shares owned by The Chatterjee Family Revocable Trust, except to the extent of his pecuniary interest therein, if any.
F2 The option vested with respect to 1/4th of the total shares underlying the option on February 3, 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 February 3, 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.

Remarks:

This amendment to Form 4 filed on April 16, 2021 is filed to voluntarily report the gifting of Class A Common Stock to the Reporting Person's Trust, and to reflect the sale of shares by such Trust.