Emilie Choi - 09 Feb 2022 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
President
Signature
/s/ Emilie Choi, by Doug Sharp, Attorney-in-Fact
Issuer symbol
COIN
Transactions as of
09 Feb 2022
Net transactions value
$0
Form type
4
Filing time
11 Feb 2022, 18:09:41 UTC
Previous filing
02 Dec 2021
Next filing
23 Feb 2022
SEC
View on sec.gov

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 +51,429 $0.000000 51,429 09 Feb 2022 Class A Common Stock 51,429 $0.000000 Direct F1, F2, F3
transaction COIN Employee Stock Option (right to buy) Award $0 +133,539 $0.000000 133,539 09 Feb 2022 Class A Common Stock 133,539 $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.