Lawrence J. Brock - May 24, 2023 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Lawrence J. Brock, by Steven Madrid, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
May 24, 2023
Transactions value $
-$821,646
Form type
4
Date filed
5/26/2023, 04:15 PM
Previous filing
May 23, 2023
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Sale -$822K -14.2K -49.05% $57.83 14.8K May 24, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 26, 2022, during an open trading window.