Jennifer N. Jones - Jul 1, 2024 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Jennifer N. Jones, by Lailey Rezai, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Jul 1, 2024
Transactions value $
-$91,008
Form type
4
Date filed
7/3/2024, 07:20 PM
Previous filing
Jun 7, 2024
Next filing
Aug 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $10.6K +450 +26.69% $23.46* 2.14K Jul 1, 2024 Direct F1
transaction COIN Class A Common Stock Sale -$102K -450 -21.07% $225.70 1.69K Jul 1, 2024 Direct F1

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 Employee Stock Option (right to buy) Options Exercise $0 -450 -100% $0.00* 0 Jul 1, 2024 Class A Common Stock 450 $23.46 Direct F1, F2
* 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 transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 29, 2024, during an open trading window.
F2 The options vest in equal monthly increments over four years, with the first 1/48 of the options vesting on August 1, 2020, until the options are fully vested on July 1, 2024, 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.