Paul Grewal - 08 Nov 2021 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Chief Legal Officer
Signature
/s/ Paul Grewal, by Jolie Yang, Attorney-in-Fact
Issuer symbol
COIN
Transactions as of
08 Nov 2021
Net transactions value
-$3,502,061
Form type
4
Filing time
10 Nov 2021, 17:27:45 UTC
Previous filing
22 Oct 2021
Next filing
23 Nov 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 $312,939 +10,900 +280% $28.71 14,792 08 Nov 2021 Direct F1, F2
transaction COIN Class A Common Stock Sale $3,815,000 -10,900 -74% $350.00 3,892 08 Nov 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 -10,900 -5.6% $0.000000 185,304 08 Nov 2021 Class A Common Stock 10,900 $28.71 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 Includes 84 shares acquired on October 29, 2021, pursuant to the Issuer's 2021 Employee Stock Purchase Plan.
F3 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.