Surojit Chatterjee - 05 Oct 2021 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role: Chief Product Officer
Signature: /s/ Surojit Chatterjee, by Jolie Yang, Attorney-in-Fact
Issuer symbol: COIN
Transactions as of: 05 Oct 2021
Net transactions value: -$2,192,909
Form type: 4
Filing time: 07 Oct 2021, 18:53:14 UTC
Previous filing: 07 Sep 2021
Next filing: 13 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COIN	Class A Common Stock	Options Exercise	$187,100	+10,000		$18.71^*	10,000	05 Oct 2021	Direct	F1
transaction	COIN	Class A Common Stock	Sale	$2,380,009	-10,000	-100%	$238.00	0	05 Oct 2021	Direct	F1, F2
holding	COIN	Class A Common Stock						5,344	05 Oct 2021	By The Chatterjee Family Revocable Trust

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	-10,000	-0.55%	$0.000000	1,806,692	05 Oct 2021	Class A Common Stock	10,000	$18.71	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 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 $238.00 and the highest price at which shares were sold was $238.045. 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 this footnote.
F3	The total number of shares subject to the option is 2,002,036, of which 5,344 options have been exercised. 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.