Jennifer N. Jones - 03 Jan 2022 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
03 Jan 2022
Net transactions value
-$187,129
Form type
4
Filing time
05 Jan 2022, 17:30:56 UTC
Previous filing
03 Dec 2021
Next filing
11 Feb 2022
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 $6,273 +346 +1.8% $18.13* 19,881 03 Jan 2022 Direct F1
transaction COIN Class A Common Stock Options Exercise $10,557 +450 +2.3% $23.46 20,331 03 Jan 2022 Direct F1
transaction COIN Class A Common Stock Sale $203,959 -796 -3.9% $256.23 19,535 03 Jan 2022 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 -346 -2.4% $0.000000 13,820 03 Jan 2022 Class A Common Stock 346 $18.13 Direct F1, F2
transaction COIN Employee Stock Option (right to buy) Options Exercise $0 -450 -3.2% $0.000000 13,499 03 Jan 2022 Class A Common Stock 450 $23.46 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 The options vest in equal monthly increments over four years, with the first 1/48 of the options vesting on February 1, 2020, until the options are fully vested on January 1, 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.
F3 The options vest in equal monthly increments over four years, with the first 1/48 of the options vesting on August 1, 2020, until the options are fully vested on July 1, 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.