Emilie Choi - Apr 15, 2021 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
President
Signature
/s/ Emilie Choi, by Jolie Yang, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Apr 15, 2021
Transactions value $
-$7,026,344
Form type
4
Date filed
8/24/2021, 09:18 PM
Next filing
May 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Sale -$4.19M -12K -16.2% $349.00 62.1K Apr 15, 2021 By Starvurst Exempt Trust F1
transaction COIN Class A Common Stock Gift $0 -21.7K -34.38% $0.00 41.5K Jun 17, 2021 Direct
transaction COIN Class A Common Stock Gift $0 +21.7K $0.00 21.7K Jun 17, 2021 By Coinbase Annuity Trust F2
transaction COIN Class A Common Stock Options Exercise $0 +23K +55.54% $0.00 64.5K Aug 20, 2021 Direct F3
transaction COIN Class A Common Stock Tax liability -$2.83M -11.4K -17.7% $248.24 53.1K Aug 24, 2021 Direct F4
holding COIN Class A Common Stock 60K Apr 15, 2021 By Starvurst Annuity Trust F5

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 -23K -10% $0.00 207K Aug 20, 2021 Class A Common Stock 23K $0.00 Direct F3, F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by the Starvurst Exempt Trust, of which the Reporting Person's spouse is a co-trustee.
F2 These shares are held by the Coinbase Annuity Trust, of which the Reporting Person's spouse is the trustee.
F3 Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
F4 Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
F5 These shares are held by the Starvurst Annuity Trust, of which the Reporting Person's spouse is the trustee.
F6 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F7 The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2021, until the award is fully vested on November 20, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F8 RSUs do not expire; they either vest or are canceled prior to vesting date.