Jennifer N. Jones - 05 Feb 2023 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Chief Accounting Officer
Signature
/s/ Jennifer N. Jones, by Doug Sharp, Attorney-in-Fact
Issuer symbol
COIN
Transactions as of
05 Feb 2023
Net transactions value
$0
Form type
4
Filing time
07 Feb 2023, 15:25:43 UTC
Previous filing
28 Nov 2022
Next filing
22 Feb 2023
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 +15,074 $0.000000 15,074 05 Feb 2023 Class A Common Stock 15,074 $0.000000 Direct F1, F2, F3
transaction COIN Restricted Stock Units Award $0 +6,909 $0.000000 6,909 05 Feb 2023 Class A Common Stock 6,909 $0.000000 Direct F1, F3, F4
transaction COIN Employee Stock Option (right to buy) Award $0 +6,952 $0.000000 6,952 05 Feb 2023 Class A Common Stock 6,952 $74.63 Direct F5
transaction COIN Employee Stock Option (right to buy) Award $0 +3,186 $0.000000 3,186 05 Feb 2023 Class A Common Stock 3,186 $74.63 Direct F6
* 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, 2023, until the award is fully vested on November 20, 2025, 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 RSUs vest in equal quarterly installments, with the first 1/11 vesting on May 20, 2023, until the award is fully vested on November 20, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F5 The options vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2023, until the award is fully vested on November 20, 2025, 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.
F6 The options vest in equal quarterly installments, with the first 1/11 vesting on May 20, 2023, until the award is fully vested on November 20, 2025, 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.

Remarks:

Exhibit 24 - Power of Attorney