Lawrence J. Brock - Feb 1, 2023 Form 3 Insider Report for Coinbase Global, Inc. (COIN)

Role
Chief People Officer
Signature
/s/ Lawrence J. Brock, by Doug Sharp, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
3
Date filed
2/7/2023, 03:24 PM
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding COIN Class A Common Stock 10.9K Feb 1, 2023 Direct

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
holding COIN Employee Stock Option (right to buy) Feb 1, 2023 Class A Common Stock 131K $17.87 Direct F1
holding COIN Employee Stock Option (right to buy) Feb 1, 2023 Class A Common Stock 184K $18.71 Direct F2
holding COIN Employee Stock Option (right to buy) Feb 1, 2023 Class A Common Stock 40.1K $214.50 Direct F3
holding COIN Restricted Stock Units Feb 1, 2023 Class A Common Stock 193K $0.00 Direct F4, F5
holding COIN Restricted Stock Units Feb 1, 2023 Class A Common Stock 10.3K $0.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vested with respect to 1/4th of the total shares on February 25, 2020, and the remaining options vest in equal monthly installments thereafter until the options are fully vested on February 25, 2023, 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.
F2 The options vested with respect to 1/36th of the total shares on March 5, 2020, and the remaining options vest in equal monthly installments thereafter until the options are fully vested on February 5, 2023, 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.
F3 The options vested with respect to 1/12th of the total shares on February 20, 2022, and the remaining options vest in equal monthly installments thereafter until the options are 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.
F4 The restricted stock units ("RSUs") vest in equal quarterly installments over two years, with the first 1/8 vesting on February 20, 2023, 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.
F5 RSUs do not expire; they either vest or are canceled prior to vesting date.
F6 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.

Remarks:

Exhibit 24 - Power of Attorney