Jennifer N. Jones - Nov 9, 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
Nov 9, 2024
Transactions value $
-$174,632
Form type
4
Date filed
11/13/2024, 04:13 PM
Previous filing
Aug 26, 2024
Next filing
Nov 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Sale -$175K -526 -31.2% $332.00 1.16K Nov 11, 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 Restricted Stock Units Award $0 +923 $0.00 923 Nov 9, 2024 Class A Common Stock 923 $0.00 Direct F2, F3, F4
* 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 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 The RSUs vest with respect to 100% of the total award on February 20, 2025, subject to the Reporting Person's continued service to the Issuer on the vesting date.
F4 RSUs do not expire; they either vest or are canceled prior to vesting date.