Marc L. Andreessen - Aug 12, 2021 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Director
Signature
/s/ Jolie Yang, Attorney-in-Fact for Marc L. Andreessen
Stock symbol
COIN
Transactions as of
Aug 12, 2021
Transactions value $
-$188,594,701
Form type
4
Date filed
8/16/2021, 07:59 PM
Previous filing
Jun 17, 2021
Next filing
Dec 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Sale -$28.1M -110K -11.68% $256.12 829K Aug 12, 2021 By Trust F1, F2, F3
transaction COIN Class A Common Stock Sale -$34.6M -134K -16.21% $257.25 694K Aug 12, 2021 By Trust F1, F3, F4
transaction COIN Class A Common Stock Sale -$31.3M -121K -17.43% $258.33 573K Aug 12, 2021 By Trust F1, F3, F5
transaction COIN Class A Common Stock Sale -$11.5M -44.3K -7.73% $259.30 529K Aug 12, 2021 By Trust F1, F3, F6
transaction COIN Class A Common Stock Sale -$29.8M -115K -21.65% $260.23 414K Aug 12, 2021 By Trust F1, F3, F7
transaction COIN Class A Common Stock Sale -$12M -45.9K -11.07% $261.15 369K Aug 12, 2021 By Trust F1, F3, F8
transaction COIN Class A Common Stock Sale -$12M -45.8K -12.42% $262.29 323K Aug 12, 2021 By Trust F1, F3, F9
transaction COIN Class A Common Stock Sale -$6.99M -26.6K -8.23% $263.17 296K Aug 12, 2021 By Trust F1, F3, F10
transaction COIN Class A Common Stock Sale -$3.88M -14.7K -4.96% $264.16 282K Aug 12, 2021 By Trust F1, F3, F11
transaction COIN Class A Common Stock Sale -$7.12M -26.9K -9.54% $265.16 255K Aug 12, 2021 By Trust F1, F3, F12
transaction COIN Class A Common Stock Sale -$11.2M -42.1K -16.52% $266.22 213K Aug 12, 2021 By Trust F1, F3, F13
transaction COIN Class A Common Stock Sale -$252K -946 -0.44% $266.83 212K Aug 12, 2021 By Trust F1, F3, F14
holding COIN Class A Common Stock 211 Aug 12, 2021 By a16z Seed-III, LLC F15, F16, F17
holding COIN Class A Common Stock 2.26M Aug 12, 2021 By Andreessen Horowitz LSV Fund I, L.P. F18
holding COIN Class A Common Stock 103K Aug 12, 2021 By Andreessen Horowitz Fund III, L.P. F19
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 Represents the weighted average sale price. The lowest price at which shares were sold was $255.76 and the highest price at which shares were sold was $256.71. 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 footnote (2) and footnotes (4) through (14) to this Form 4.
F3 The shares are held of record by the LAMA Community Trust of which the Reporting Person and his spouse are trustees.
F4 Represents the weighted average sale price. The lowest price at which shares were sold was $256.76 and the highest price at which shares were sold was $257.755.
F5 Represents the weighted average sale price. The lowest price at which shares were sold was $257.76 and the highest price at which shares were sold was $258.755.
F6 Represents the weighted average sale price. The lowest price at which shares were sold was $258.76 and the highest price at which shares were sold was $259.75.
F7 Represents the weighted average sale price. The lowest price at which shares were sold was $259.76 and the highest price at which shares were sold was $260.755.
F8 Represents the weighted average sale price. The lowest price at which shares were sold was $260.76 and the highest price at which shares were sold was $261.75.
F9 Represents the weighted average sale price. The lowest price at which shares were sold was $261.76 and the highest price at which shares were sold was $262.75.
F10 Represents the weighted average sale price. The lowest price at which shares were sold was $262.76 and the highest price at which shares were sold was $263.75.
F11 Represents the weighted average sale price. The lowest price at which shares were sold was $263.76 and the highest price at which shares were sold was $264.75.
F12 Represents the weighted average sale price. The lowest price at which shares were sold was $264.76 and the highest price at which shares were sold was $265.75.
F13 Represents the weighted average sale price. The lowest price at which shares were sold was $265.76 and the highest price at which shares were sold was $266.75.
F14 Represents the weighted average sale price. The lowest price at which shares were sold was $266.76 and the highest price at which shares were sold was $267.02.
F15 Represents shares received by a16z Seed-III, LLC ("a16z Seed") pursuant to a pro rata distribution by FundersClub Inc., for no consideration, of shares of Class A Common Stock of the Issuer to its stockholders in accordance with the exemption afforded by Rule 16a-9(a) of the Securities Exchange Act of 1934, as amended.
F16 These securities are held of record by a16z Seed. The securities held directly by a16z Seed are indirectly held by Andreessen Horowitz Fund III, L.P. for itself and as nominee for Andreessen Horowitz Fund III-A, L.P., Andreessen Horowitz Fund III-B, L.P., and Andreessen Horowitz Fund III-Q, L.P. (collectively, the "AH Fund III Entities"), the members of a16z Seed. AH Equity Partners III, L.L.C. ("AH EP III"), the general partner of the AH Fund III Entities, has sole voting and dispositive power with regard to the shares held by a16z Seed. The Reporting Person and Ben Horowitz are the managing members of AH EP III and share voting and dispositive power with respect to the shares held by a16z Seed.
F17 The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by a16z Seed and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
F18 These securities are held by Andreessen Horowitz LSV Fund I, L.P., for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P. (collectively, the "AH LSV Fund I Entities"). AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of the AH LSV Fund I Entities, has sole voting and dispositive power with regard to the shares held by the AH LSV Fund I Entities. The Reporting Person and Ben Horowitz are the managing members of AH EP LSV I and share voting and dispositive power with respect to the shares held by the AH LSV Fund I Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund I Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
F19 These securities are held by the AH Fund III Entities. AH EP III, the general partner of the AH Fund III Entities, has sole voting and dispositive power with regard to the securities held by the AH Fund III Entities. The Reporting Person and Ben Horowitz are the managing members of AH EP III and share voting and dispositive power with respect to the shares held by the AH Fund III Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund III Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.