Tobias Lutke - Jun 1, 2022 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role: Director
Signature: /s/ Tobias Lutke, by Doug Sharp, Attorney-in-Fact
Stock symbol: COIN
Transactions as of: Jun 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/3/2022, 04:44 PM
Previous filing: Feb 4, 2022
Next filing: Aug 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COIN	Class A Common Stock	Options Exercise	$0	+522		$0.00	522	Jun 1, 2022	Direct	F1
holding	COIN	Class A Common Stock						25.5K	Jun 1, 2022	By 7910240 Canada Inc.	F2

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	+4.37K		$0.00	4.37K	Jun 1, 2022	Class A Common Stock	4.37K		Direct	F3, F4, F5
transaction	COIN	Restricted Stock Units	Options Exercise	$0	-522	-100%	$0.00^*	0	Jun 1, 2022	Class A Common Stock	522		Direct	F1, F3, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vesting of restricted stock unit ("RSU") previously granted to the Reporting Person.
F2	These shares are held of record by 7910240 Canada Inc., of which the Reporting Person is the sole director. The Reporting Person disclaims beneficial ownership of the shares owned by 7910240 Canada Inc., except to the extent of his pecuniary interest therein, if any.
F3	Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F4	The RSUs vest on the earlier of June 1, 2023, or the date of the next annual meeting of the stockholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.
F5	RSUs do not expire; they either vest or are canceled prior to vesting date.
F6	The RSUs vest on the date of the first annual meeting of the stockholders of the Issuer following the direct listing, subject to Reporting Person's continued service to the Issuer on the vesting date.