Tobias Lutke - Jun 1, 2023 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Director
Signature
/s/ Tobias Lutke, by Steven Madrid, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/5/2023, 04:22 PM
Previous filing
Feb 22, 2023
Next filing
Jun 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $0 +4.37K +382.08% $0.00 5.52K Jun 1, 2023 Direct F1
holding COIN Class A Common Stock 209K Jun 1, 2023 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 Options Exercise $0 -4.37K -100% $0.00* 0 Jun 1, 2023 Class A Common Stock 4.37K Direct F1, F3, F4, F5
* 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 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.