Jennifer N. Jones - Sep 1, 2021 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Chief Accounting Officer
Signature
/s/ Jennifer N. Jones, by Jolie Yang, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Sep 1, 2021
Transactions value $
-$190,440
Form type
4
Date filed
9/2/2021, 08:40 PM
Previous filing
Aug 25, 2021
Next filing
Oct 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 $6.27K +346 +1.82% $18.13* 19.4K Sep 1, 2021 Direct F1
transaction COIN Class A Common Stock Options Exercise $10.6K +450 +2.32% $23.46 19.8K Sep 1, 2021 Direct F1
transaction COIN Class A Common Stock Sale -$207K -796 -4.02% $260.39 19K Sep 1, 2021 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 -346 -2.23% $0.00 15.2K Sep 1, 2021 Class A Common Stock 346 $18.13 Direct F1, F2
transaction COIN Employee Stock Option (right to buy) Options Exercise $0 -450 -2.86% $0.00 15.3K Sep 1, 2021 Class A Common 450 $23.46 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.
F2 The options vest in equal monthly increments over four years, with the first 1/48 of the options vesting on February 1, 2020, until the options are fully vested on January 1, 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.
F3 The options vest in equal monthly increments over four years, with the first 1/48 of the options vesting on August 1, 2020, until the options are fully vested on July 1, 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.