Surojit Chatterjee - Jan 4, 2022 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Surojit Chatterjee, by Jolie Yang, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Jan 4, 2022
Transactions value $
-$2,347,000
Form type
4
Date filed
1/6/2022, 06:10 PM
Previous filing
Dec 6, 2021
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $187K +10K +11904.76% $18.71* 10.1K Jan 4, 2022 Direct F1
transaction COIN Class A Common Stock Sale -$2.53M -10K -99.17% $253.41 84 Jan 4, 2022 Direct F1
holding COIN Class A Common Stock 5.34K Jan 4, 2022 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 -10K -0.59% $0.00 1.68M Jan 4, 2022 Class A Common Stock 10K $18.71 Direct F1, F2
* 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 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.