Kathryn Haun - Aug 20, 2022 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Director
Signature
/s/ Doug Sharp, Attorney-in-Fact for Kathryn Haun
Stock symbol
COIN
Transactions as of
Aug 20, 2022
Transactions value $
$0
Form type
4
Date filed
8/23/2022, 05:06 PM
Previous filing
Jun 3, 2022
Next filing
Nov 22, 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 +2.42K +8.13% $0.00 32.2K Aug 20, 2022 Direct F1
holding COIN Class A Common Stock 126K Aug 20, 2022 By The Gherardesca Annuity Trust F2
holding COIN Class A Common Stock 57.4K Aug 20, 2022 By Gherardesca LLC F3

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 Options Exercise $0 -2.42K -33.34% $0.00 4.84K Aug 20, 2022 Class A Common Stock 2.42K $0.00 Direct F1, F4, 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 units ("RSUs") previously granted to the Reporting Person.
F2 The Reporting Person is the settlor and investment trustee of the Gherardesca Annuity Trust. As investment trustee, the Reporting Person has sole voting and investment power over the shares held by the Gherardesca Annuity Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
F3 These shares are held of record by Gherardesca LLC. The Reporting Person is one of two investment managers of Gherardesca LLC. As an investment manager, the Reporting Person has shared voting and investment power over the shares held by Gherardesca LLC. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
F4 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F5 The RSUs vest with respect to 12.5% of the total award on May 20, 2021, and an additional 12.5% of the award vests in equal quarterly installments thereafter until the award is fully vested on February 20, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F6 RSUs do not expire; they either vest or are canceled prior to vesting date.