Paul Grewal - Sep 22, 2021 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Paul Grewal, by Jolie Yang, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Sep 22, 2021
Transactions value $
-$17,580,277
Form type
4
Date filed
9/24/2021, 06:43 PM
Previous filing
Sep 2, 2021
Next filing
Oct 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $469K +16.4K +429.36% $28.71 20.2K Sep 22, 2021 Direct F1
transaction COIN Class A Common Stock Options Exercise $655K +24.9K +123.71% $26.26 45.1K Sep 22, 2021 Direct F1
transaction COIN Class A Common Stock Sale -$95.5K -400 -0.89% $238.74 44.7K Sep 22, 2021 Direct F1, F2
transaction COIN Class A Common Stock Sale -$2.47M -10.3K -23.01% $239.92 34.4K Sep 22, 2021 Direct F1, F3
transaction COIN Class A Common Stock Sale -$3.44M -14.3K -41.48% $240.99 20.1K Sep 22, 2021 Direct F1, F4
transaction COIN Class A Common Stock Sale -$3.71M -15.3K -76.12% $241.81 4.81K Sep 22, 2021 Direct F1, F5
transaction COIN Class A Common Stock Sale -$243K -1K -20.8% $242.76 3.81K Sep 22, 2021 Direct F1, F6
transaction COIN Class A Common Stock Options Exercise $469K +16.4K +429.36% $28.71 20.2K Sep 23, 2021 Direct F1
transaction COIN Class A Common Stock Options Exercise $655K +24.9K +123.71% $26.26 45.1K Sep 23, 2021 Direct F1
transaction COIN Class A Common Stock Sale -$3.32M -13.9K -30.91% $237.82 31.2K Sep 23, 2021 Direct F1, F7
transaction COIN Class A Common Stock Sale -$3.95M -16.6K -53.14% $238.64 14.6K Sep 23, 2021 Direct F1, F8
transaction COIN Class A Common Stock Sale -$622K -2.6K -17.78% $239.62 12K Sep 23, 2021 Direct F1, F9
transaction COIN Class A Common Stock Sale -$602K -2.5K -20.83% $240.96 9.5K Sep 23, 2021 Direct F1, F10
transaction COIN Class A Common Stock Sale -$363K -1.5K -15.78% $241.99 8K Sep 23, 2021 Direct F1, F11
transaction COIN Class A Common Stock Sale -$413K -1.7K -21.24% $242.96 6.3K Sep 23, 2021 Direct F1, F12
transaction COIN Class A Common Stock Sale -$244K -1K -15.87% $243.75 5.3K Sep 23, 2021 Direct F1, F13
transaction COIN Class A Common Stock Sale -$366K -1.5K -28.19% $244.83 3.81K Sep 23, 2021 Direct F1, F14

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 -16.4K -7.14% $0.00 213K Sep 22, 2021 Class A Common Stock 16.4K $28.71 Direct F1, F15
transaction COIN Employee Stock Option (right to buy) Options Exercise $0 -24.9K -4.23% $0.00 565K Sep 22, 2021 Class A Common Stock 24.9K $26.26 Direct F1, F16
transaction COIN Employee Stock Option (right to buy) Options Exercise $0 -16.4K -7.69% $0.00 196K Sep 23, 2021 Class A Common Stock 16.4K $28.71 Direct F1, F15
transaction COIN Employee Stock Option (right to buy) Options Exercise $0 -24.9K -4.41% $0.00 540K Sep 23, 2021 Class A Common Stock 24.9K $26.26 Direct F1, F16
* 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 on June 1, 2021, during an open trading window.
F2 Represents the weighted average sale price. The lowest price at which shares were sold was $238.38 and the highest price at which shares were sold was $239.36. 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 (2) through (14) to this Form 4.
F3 Represents the weighted average sale price. The lowest price at which shares were sold was $239.42 and the highest price at which shares were sold was $240.38.
F4 Represents the weighted average sale price. The lowest price at which shares were sold was $240.43 and the highest price at which shares were sold was $241.42.
F5 Represents the weighted average sale price. The lowest price at which shares were sold was $241.43 and the highest price at which shares were sold was $242.39.
F6 Represents the weighted average sale price. The lowest price at which shares were sold was $242.44 and the highest price at which shares were sold was $243.13.
F7 Represents the weighted average sale price. The lowest price at which shares were sold was $237.28 and the highest price at which shares were sold was $238.27.
F8 Represents the weighted average sale price. The lowest price at which shares were sold was $238.28 and the highest price at which shares were sold was $239.26.
F9 Represents the weighted average sale price. The lowest price at which shares were sold was $239.30 and the highest price at which shares were sold was $240.20.
F10 Represents the weighted average sale price. The lowest price at which shares were sold was $240.37 and the highest price at which shares were sold was $241.29.
F11 Represents the weighted average sale price. The lowest price at which shares were sold was $241.42 and the highest price at which shares were sold was $242.40.
F12 Represents the weighted average sale price. The lowest price at which shares were sold was $242.49 and the highest price at which shares were sold was $243.20.
F13 Represents the weighted average sale price. The lowest price at which shares were sold was $243.58 and the highest price at which shares were sold was $244.45.
F14 Represents the weighted average sale price. The lowest price at which shares were sold was $244.62 and the highest price at which shares were sold was $244.93.
F15 The option will vest with respect to 1/4th of the total shares underlying the option on August 31, 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 August 31, 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.
F16 The total shares subject to the option is 653,726, of which 3,808 shares were early-exercised. 1/4th of the total shares underlying the option will vest on August 31, 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 August 31, 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.