Emilie Choi - 15 Jan 2025 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Emilie Choi, by Lailey Rezai, Attorney-in-Fact
Issuer symbol
COIN
Transactions as of
15 Jan 2025
Net transactions value
-$10,188,242
Form type
4
Filing time
17 Jan 2025, 16:18:54 UTC
Previous filing
14 Jan 2025
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $0 +80,396 +76% $0.000000 186,845 15 Jan 2025 Direct F1, F2
transaction COIN Class A Common Stock Tax liability $10,188,242 -39,896 -21% $255.37 146,949 15 Jan 2025 Direct F3
holding COIN Class A Common Stock 57,610 15 Jan 2025 By Sixers LLC F4
holding COIN Class A Common Stock 49,643 15 Jan 2025 By Starvurst Exempt Trust F5
holding COIN Class A Common Stock 23,199 15 Jan 2025 By Starvurst Non-Exempt Trust F6

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 Options Exercise $0 -80,396 -100% $0.000000 0 15 Jan 2025 Class A Common Stock 80,396 Direct F1, F7, F8, F9
* 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 The reporting person's directly held total reported in Column 5 of Table I has been reduced by 18,243 shares as the result of a transfer that occurred on July 27, 2021 which was inadvertently omitted from earlier reports and which is exempt under Rule 16b-5.
F3 Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
F4 These shares are held by Sixers LLC, of which the Reporting Person and the Starvurst Non-Exempt Trust are members. The Reporting Person's spouse is a co-trustee of the Starvurst Non-Exempt Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
F5 These shares are held by the Starvurst Exempt Trust, of which the Reporting Person's spouse is a co-trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
F6 These shares are held by the Starvurst Non-Exempt Trust, of which the Reporting Person's spouse is a co-trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
F7 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F8 The RSUs vest on January 15, 2025.
F9 RSUs do not expire; they either vest or are canceled prior to vesting date.