Jennifer N. Jones - 20 May 2025 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Chief Accounting Officer
Signature
/s/ Jennifer N. Jones, by Lailey Rezai, Attorney-in-Fact
Issuer symbol
COIN
Transactions as of
20 May 2025
Net transactions value
-$878,861
Form type
4
Filing time
22 May 2025, 16:08:24 UTC
Previous filing
06 Mar 2025
Next filing
27 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Jones Jennifer N. Chief Accounting Officer C/O COINBASE GLOBAL, INC., ONE MADISON AVENUE, SUITE 2400, NEW YORK /s/ Jennifer N. Jones, by Lailey Rezai, Attorney-in-Fact 22 May 2025 0001851432

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $0 +628 $0.000000 628 20 May 2025 Direct F1
transaction COIN Class A Common Stock Options Exercise $0 +1,256 +200% $0.000000 1,884 20 May 2025 Direct F1
transaction COIN Class A Common Stock Options Exercise $0 +1,320 +70% $0.000000 3,204 20 May 2025 Direct F1
transaction COIN Class A Common Stock Options Exercise $0 +1,215 +38% $0.000000 4,419 20 May 2025 Direct F1
transaction COIN Class A Common Stock Tax liability $713,829 -2,704 -61% $263.99 1,715 20 May 2025 Direct F2
transaction COIN Class A Common Stock Options Exercise $43,211 +579 +34% $74.63 2,294 20 May 2025 Direct F3
transaction COIN Class A Common Stock Options Exercise $21,643 +290 +13% $74.63 2,584 20 May 2025 Direct F3
transaction COIN Class A Common Stock Sale $229,885 -869 -34% $264.54 1,715 20 May 2025 Direct F3

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 -628 -33% $0.000000 1,256 20 May 2025 Class A Common Stock 628 $0.000000 Direct F1, F4, F5, F6
transaction COIN Restricted Stock Units Options Exercise $0 -1,256 -33% $0.000000 2,512 20 May 2025 Class A Common Stock 1,256 $0.000000 Direct F1, F4, F6, F7
transaction COIN Restricted Stock Units Options Exercise $0 -1,320 -14% $0.000000 7,923 20 May 2025 Class A Common Stock 1,320 $0.000000 Direct F1, F4, F6, F8
transaction COIN Restricted Stock Units Options Exercise $0 -1,215 -8.3% $0.000000 13,366 20 May 2025 Class A Common Stock 1,215 $0.000000 Direct F1, F4, F6, F9
transaction COIN Employee Stock Option (right to buy) Options Exercise $0 -579 -19% $0.000000 2,498 20 May 2025 Class A Common Stock 579 $74.63 Direct F3, F10
transaction COIN Employee Stock Option (right to buy) Options Exercise $0 -290 -33% $0.000000 579 20 May 2025 Class A Common Stock 290 $74.63 Direct F3, F11
* 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 Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
F2 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, state and provincial tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
F3 This transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 29, 2024, during an open trading window.
F4 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F5 The RSUs vest in equal quarterly installments, with the first 1/11 vesting on May 20, 2023, until the award is fully vested on November 20, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F6 RSUs do not expire; they either vest or are canceled prior to vesting date.
F7 The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2023, until the award is fully vested on November 20, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F8 The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2024, until the award is fully vested on November 20, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F9 The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on May 20, 2025, until the award is fully vested on February 20, 2028, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F10 The options vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2023, until the award is fully vested on November 20, 2025, 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.
F11 The options vest in equal quarterly installments, with the first 1/11 vesting on May 20, 2023, until the award is fully vested on November 20, 2025, 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.