Jennifer N. Jones - 20 Nov 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
Issuer symbol: COIN
Transactions as of: 20 Nov 2021
Net transactions value: -$852,658
Form type: 4
Filing time: 23 Nov 2021, 17:39:23 UTC
Previous filing: 03 Nov 2021
Next filing: 03 Dec 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	$0	+1,259	+6.6%	$0.000000	20,268	20 Nov 2021	Direct	F1
transaction	COIN	Class A Common Stock	Options Exercise	$0	+783	+3.9%	$0.000000	21,051	20 Nov 2021	Direct	F1
transaction	COIN	Class A Common Stock	Options Exercise	$0	+1,045	+5%	$0.000000	22,096	20 Nov 2021	Direct	F1
transaction	COIN	Class A Common Stock	Tax liability	$509,799	-1,533	-6.9%	$332.55	20,563	20 Nov 2021	Direct	F2
transaction	COIN	Class A Common Stock	Sale	$342,859	-1,028	-5%	$333.52	19,535	22 Nov 2021	Direct	F3

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	Restricted Stock Units	Options Exercise	$0	-1,259	-20%	$0.000000	5,036	20 Nov 2021	Class A Common Stock	1,259	$0.000000	Direct	F1, F4, F5, F6
transaction	COIN	Restricted Stock Units	Options Exercise	$0	-783	-20%	$0.000000	3,134	20 Nov 2021	Class A Common	783	$0.000000	Direct	F1, F4, F5, F6
transaction	COIN	Restricted Stock Units	Options Exercise	$0	-1,045	-100%	$0.000000^*	0	20 Nov 2021	Class A Common	1,045	$0.000000	Direct	F1, F4, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
F2	Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
F3	The sales 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.
F4	Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F5	The RSUs vest with respect to 25% of the total award on May 20, 2021, and an additional 12.5% of the award vests each quarter thereafter until the award is fully vested on November 20, 2022, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F6	RSUs do not expire; they either vest or are canceled prior to vesting date.
F7	The RSUs vest with respect to 50% of the total award on August 20, 2021, and an additional 50% of the award vests on November 20, 2021, subject to the Reporting Person's continued service to the Issuer on each vesting date.