Tobias Lutke - 14 Jun 2024 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Director
Signature
/s/ Tobias Lutke, by Lailey Rezai, Attorney-in-Fact
Issuer symbol
COIN
Transactions as of
14 Jun 2024
Net transactions value
$0
Form type
4
Filing time
18 Jun 2024, 16:13:01 UTC
Previous filing
22 Feb 2024
Next filing
24 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $0 +5,396 +88% $0.000000 11,534 14 Jun 2024 Direct F1
holding COIN Class A Common Stock 208,830 14 Jun 2024 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 Award $0 +1,329 $0.000000 1,329 14 Jun 2024 Class A Common Stock 1,329 Direct F3, F4, F5
transaction COIN Restricted Stock Units Options Exercise $0 -5,396 -100% $0.000000* 0 14 Jun 2024 Class A Common Stock 5,396 Direct F1, F3, F5, F6
* 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 14, 2025, 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.
F6 The RSUs vest on the earlier of June 16, 2024, 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.

Remarks:

Exhibit 24 - Powers of Attorney.