Brian Armstrong - Nov 18, 2024 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Brian Armstrong, by Lailey Rezai, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Nov 18, 2024
Transactions value $
-$19,112,416
Form type
4
Date filed
11/20/2024, 04:22 PM
Previous filing
Nov 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Sale -$10.3M -31.6K -53.69% $327.48 27.2K Nov 18, 2024 By The Brian Armstrong Living Trust F1, F2
transaction COIN Class A Common Stock Sale -$6.86M -20.9K -76.73% $328.47 6.34K Nov 18, 2024 By The Brian Armstrong Living Trust F1, F3
transaction COIN Class A Common Stock Sale -$1.91M -5.81K -91.7% $329.20 526 Nov 18, 2024 By The Brian Armstrong Living Trust F1, 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 August 15, 2024, during an open trading window.
F2 Represents the weighted average sale price. The lowest price at which shares were sold was $327.03 and the highest price at which shares were sold was $328.02. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (2) through (4) to this Form 4.
F3 Represents the weighted average sale price. The lowest price at which shares were sold was $328.03 and the highest price at which shares were sold was $329.02.
F4 Represents the weighted average sale price. The lowest price at which shares were sold was $329.04 and the highest price at which shares were sold was $329.49.

Remarks:

This Form 4 is the second of two Forms 4 filed relating to transactions occurring on November 18, 2024. This Form 4 has been split into two filings because there are more than 30 transactions reported in Table I in total, and the SEC's EDGAR filing system limits transactions reported in Table I or Table II to 30.