Paul Grewal - Feb 9, 2022 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Chief Legal Officer
Signature
/s/ Paul Grewal, by Doug Sharp, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Feb 9, 2022
Transactions value $
$0
Form type
4
Date filed
2/11/2022, 06:03 PM
Previous filing
Nov 23, 2021
Next filing
Feb 23, 2022

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 Award $0 +15.4K $0.00 15.4K Feb 9, 2022 Class A Common Stock 15.4K $0.00 Direct F1, F2, F3
transaction COIN Employee Stock Option (right to buy) Award $0 +40.1K $0.00 40.1K Feb 9, 2022 Class A Common Stock 40.1K $214.50 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2022, until the award is fully vested on November 20, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F3 RSUs do not expire; they either vest or are canceled prior to vesting date.
F4 The options vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2022, until the award is fully vested on November 20, 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.