Kathryn Haun - Feb 27, 2024 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Director
Signature
/s/ Kathryn Haun, by Lailey Rezai, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Feb 27, 2024
Transactions value $
-$2,098,958
Form type
4
Date filed
2/29/2024, 05:19 PM
Previous filing
Dec 18, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Sale -$706K -3.44K -6.92% $205.00 46.3K Feb 27, 2024 By Gherardesca LLC F1, F2
transaction COIN Class A Common Stock Sale -$1.03M -5K -4.88% $205.00 97.4K Feb 27, 2024 Direct F1
transaction COIN Class A Common Stock Sale -$368K -1.76K -1.81% $209.41 95.6K Feb 28, 2024 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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2023, during an open trading window.
F2 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.