Paul Grewal - 20 Oct 2021 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Paul Grewal, by Jolie Yang, Attorney-in-Fact
Issuer symbol
COIN
Transactions as of
20 Oct 2021
Net transactions value
-$14,100,959
Form type
4
Filing time
22 Oct 2021, 19:02:42 UTC
Previous filing
24 Sep 2021
Next filing
10 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $654,846 +24,937 +655% $26.26 28,745 20 Oct 2021 Direct F1
transaction COIN Class A Common Stock Sale $189,481 -620 -2.2% $305.62 28,125 20 Oct 2021 Direct F1, F2
transaction COIN Class A Common Stock Sale $201,960 -657 -2.3% $307.40 27,468 20 Oct 2021 Direct F1, F3
transaction COIN Class A Common Stock Sale $260,342 -842 -3.1% $309.20 26,626 20 Oct 2021 Direct F1, F4
transaction COIN Class A Common Stock Sale $191,419 -616 -2.3% $310.74 26,010 20 Oct 2021 Direct F1, F5
transaction COIN Class A Common Stock Sale $1,028,791 -3,300 -13% $311.75 22,710 20 Oct 2021 Direct F1, F6
transaction COIN Class A Common Stock Sale $1,648,382 -5,271 -23% $312.73 17,439 20 Oct 2021 Direct F1, F7
transaction COIN Class A Common Stock Sale $1,909,410 -6,085 -35% $313.79 11,354 20 Oct 2021 Direct F1, F8
transaction COIN Class A Common Stock Sale $1,412,651 -4,491 -40% $314.55 6,863 20 Oct 2021 Direct F1, F9
transaction COIN Class A Common Stock Sale $752,840 -2,383 -35% $315.92 4,480 20 Oct 2021 Direct F1, F10
transaction COIN Class A Common Stock Sale $213,025 -672 -15% $317.00 3,808 20 Oct 2021 Direct F1, F11
transaction COIN Class A Common Stock Options Exercise $654,819 +24,936 +655% $26.26 28,744 21 Oct 2021 Direct F1
transaction COIN Class A Common Stock Sale $328,527 -1,099 -3.8% $298.93 27,645 21 Oct 2021 Direct F1, F12
transaction COIN Class A Common Stock Sale $1,280,164 -4,262 -15% $300.37 23,383 21 Oct 2021 Direct F1, F13
transaction COIN Class A Common Stock Sale $936,755 -3,109 -13% $301.30 20,274 21 Oct 2021 Direct F1, F14
transaction COIN Class A Common Stock Sale $678,675 -2,247 -11% $302.04 18,027 21 Oct 2021 Direct F1, F15
transaction COIN Class A Common Stock Sale $394,465 -1,300 -7.2% $303.43 16,727 21 Oct 2021 Direct F1, F16
transaction COIN Class A Common Stock Sale $668,159 -2,194 -13% $304.54 14,533 21 Oct 2021 Direct F1, F17
transaction COIN Class A Common Stock Sale $678,273 -2,220 -15% $305.53 12,313 21 Oct 2021 Direct F1, F18
transaction COIN Class A Common Stock Sale $392,158 -1,280 -10% $306.37 11,033 21 Oct 2021 Direct F1, F19
transaction COIN Class A Common Stock Sale $207,693 -675 -6.1% $307.69 10,358 21 Oct 2021 Direct F1, F20
transaction COIN Class A Common Stock Sale $525,067 -1,700 -16% $308.86 8,658 21 Oct 2021 Direct F1, F21
transaction COIN Class A Common Stock Sale $557,461 -1,800 -21% $309.70 6,858 21 Oct 2021 Direct F1, F22
transaction COIN Class A Common Stock Sale $279,849 -900 -13% $310.94 5,958 21 Oct 2021 Direct F1, F23
transaction COIN Class A Common Stock Sale $93,704 -300 -5% $312.35 5,658 21 Oct 2021 Direct F1, F24
transaction COIN Class A Common Stock Sale $313,364 -1,000 -18% $313.36 4,658 21 Oct 2021 Direct F1, F25
transaction COIN Class A Common Stock Sale $47,099 -150 -3.2% $313.99 4,508 21 Oct 2021 Direct F1, F26
transaction COIN Class A Common Stock Sale $189,231 -600 -13% $315.38 3,908 21 Oct 2021 Direct F1, F27
transaction COIN Class A Common Stock Sale $31,677 -100 -2.6% $316.77 3,808 21 Oct 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 -24,937 -4.6% $0.000000 515,231 20 Oct 2021 Class A Common Stock 24,937 $26.26 Direct F1, F28
transaction COIN Employee Stock Option (right to buy) Options Exercise $0 -24,936 -4.8% $0.000000 490,295 21 Oct 2021 Class A Common Stock 24,936 $26.26 Direct F1, F28
* 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 $305.17 and the highest price at which shares were sold was $305.75. 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 (27) to this Form 4.
F3 Represents the weighted average sale price. The lowest price at which shares were sold was $307.25 and the highest price at which shares were sold was $307.55.
F4 Represents the weighted average sale price. The lowest price at which shares were sold was $308.71 and the highest price at which shares were sold was $309.60.
F5 Represents the weighted average sale price. The lowest price at which shares were sold was $310.15 and the highest price at which shares were sold was $311.14.
F6 Represents the weighted average sale price. The lowest price at which shares were sold was $311.23 and the highest price at which shares were sold was $312.18.
F7 Represents the weighted average sale price. The lowest price at which shares were sold was $312.23 and the highest price at which shares were sold was $313.21.
F8 Represents the weighted average sale price. The lowest price at which shares were sold was $313.24 and the highest price at which shares were sold was $314.23.
F9 Represents the weighted average sale price. The lowest price at which shares were sold was $314.25 and the highest price at which shares were sold was $315.05.
F10 Represents the weighted average sale price. The lowest price at which shares were sold was $315.45 and the highest price at which shares were sold was $316.42.
F11 Represents the weighted average sale price. The lowest price at which shares were sold was $316.57 and the highest price at which shares were sold was $317.26.
F12 Represents the weighted average sale price. The lowest price at which shares were sold was $298.54 and the highest price at which shares were sold was $299.46.
F13 Represents the weighted average sale price. The lowest price at which shares were sold was $299.75 and the highest price at which shares were sold was $300.73.
F14 Represents the weighted average sale price. The lowest price at which shares were sold was $300.75 and the highest price at which shares were sold was $301.74.
F15 Represents the weighted average sale price. The lowest price at which shares were sold was $301.75 and the highest price at which shares were sold was $302.62.
F16 Represents the weighted average sale price. The lowest price at which shares were sold was $302.98 and the highest price at which shares were sold was $303.84.
F17 Represents the weighted average sale price. The lowest price at which shares were sold was $303.99 and the highest price at which shares were sold was $304.97.
F18 Represents the weighted average sale price. The lowest price at which shares were sold was $305.02 and the highest price at which shares were sold was $305.98.
F19 Represents the weighted average sale price. The lowest price at which shares were sold was $306.02 and the highest price at which shares were sold was $307.
F20 Represents the weighted average sale price. The lowest price at which shares were sold was $307.29 and the highest price at which shares were sold was $308.14.
F21 Represents the weighted average sale price. The lowest price at which shares were sold was $308.29 and the highest price at which shares were sold was $309.28.
F22 Represents the weighted average sale price. The lowest price at which shares were sold was $309.34 and the highest price at which shares were sold was $310.23.
F23 Represents the weighted average sale price. The lowest price at which shares were sold was $310.45 and the highest price at which shares were sold was $311.17.
F24 Represents the weighted average sale price. The lowest price at which shares were sold was $311.75 and the highest price at which shares were sold was $312.65.
F25 Represents the weighted average sale price. The lowest price at which shares were sold was $312.82 and the highest price at which shares were sold was $313.52.
F26 Represents the weighted average sale price. The lowest price at which shares were sold was $313.91 and the highest price at which shares were sold was $314.16.
F27 Represents the weighted average sale price. The lowest price at which shares were sold was $315.15 and the highest price at which shares were sold was $315.92.
F28 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.