Frederick Ernest Ehrsam III - May 17, 2022 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Director
Signature
/s/ Frederick Ernest Ehrsam III, by Doug Sharp, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
May 17, 2022
Transactions value $
$25,013,665
Form type
4
Date filed
5/19/2022, 07:59 PM
Previous filing
May 17, 2022
Next filing
May 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Purchase $5.16M +80.7K +11.43% $63.92 787K May 17, 2022 Paradigm One LP F1, F2
transaction COIN Class A Common Stock Purchase $13.4M +206K +26.18% $64.89 993K May 17, 2022 Paradigm One LP F2, F3
transaction COIN Class A Common Stock Purchase $6.11M +92.9K +9.35% $65.79 1.09M May 17, 2022 Paradigm One LP F2, F4
transaction COIN Class A Common Stock Purchase $368K +5.54K +0.51% $66.53 1.09M May 17, 2022 Paradigm One LP F2, F5
holding COIN Class A Common Stock 1.13M May 17, 2022 By The Frederick Ernest Ehrsam III Living Trust F6
holding COIN Class A Common Stock 2.58M May 17, 2022 By Paradigm Fund, LP F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average purchase price. The lowest price at which shares were purchased was $63.475 and the highest price at which shares were purchased was $64.47. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (3) through (5) to this Form 4.
F2 These shares are held by Paradigm One LP. Paradigm One GP LLC, the general partner of Paradigm One LP, has sole voting and investment power with regard to the shares held by Paradigm One LP. The Frederick Ernest Ehrsam III Living Trust and Matt Huang are the managing members of Paradigm One GP LLC. The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
F3 Represents the weighted average purchase price. The lowest price at which shares were purchased was $64.475 and the highest price at which shares were purchased was $65.4725.
F4 Represents the weighted average purchase price. The lowest price at which shares were purchased was $65.48 and the highest price at which shares were purchased was $66.47.
F5 Represents the weighted average purchase price. The lowest price at which shares were purchased was $66.48 and the highest price at which shares were purchased was $66.59.
F6 The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
F7 These shares are held by Paradigm Fund LP. Paradigm Fund GP LLC, the general partner of Paradigm Fund LP, has sole voting and investment power with regard to the shares held by Paradigm Fund LP. The Frederick Ernest Ehrsam III Living Trust and Matt Huang are the managing members of Paradigm Fund GP LLC. The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.

Remarks:

The Reporting Person has disgorged to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transactions reported herein. Such profits are not material to the financial statements of the Issuer.