Paul Grewal - 27 May 2025 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Chief Legal Officer
Signature
/s/ Paul Grewal, by Lailey Rezai, Attorney-in-Fact
Issuer symbol
COIN
Transactions as of
27 May 2025
Net transactions value
-$3,193,778
Form type
4
Filing time
29 May 2025, 16:11:23 UTC
Previous filing
22 May 2025
Next filing
03 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Grewal Paul Chief Legal Officer C/O COINBASE GLOBAL, INC., ONE MADISON AVENUE, SUITE 2400, NEW YORK /s/ Paul Grewal, by Lailey Rezai, Attorney-in-Fact 29 May 2025 0001851414

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $262,600 +10,000 +11% $26.26 97,211 27 May 2025 Direct F1
transaction COIN Class A Common Stock Sale $219,711 -827 -0.85% $265.67 96,384 27 May 2025 Direct F1, F2
transaction COIN Class A Common Stock Sale $1,041,643 -3,907 -4.1% $266.61 92,477 27 May 2025 Direct F1, F3
transaction COIN Class A Common Stock Sale $1,671,268 -6,248 -6.8% $267.49 86,229 27 May 2025 Direct F1, F4
transaction COIN Class A Common Stock Sale $475,997 -1,772 -2.1% $268.62 84,457 27 May 2025 Direct F1, F5
transaction COIN Class A Common Stock Sale $47,759 -177 -0.21% $269.83 84,280 27 May 2025 Direct F1, 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 Employee Stock Option (right to buy) Options Exercise $0 -10,000 -5% $0.000000 191,722 27 May 2025 Class A Common Stock 10,000 $26.26 Direct F1, F7
* 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 28, 2024, during an open trading window.
F2 Represents the weighted average sale price. The lowest price at which shares were sold was $265.03 and the highest price at which shares were sold was $266.01. 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 range set forth in footnotes (2) through (6) to this Form 4.
F3 Represents the weighted average sale price. The lowest price at which shares were sold was $266.03 and the highest price at which shares were sold was $267.02.
F4 Represents the weighted average sale price. The lowest price at which shares were sold was $267.03 and the highest price at which shares were sold was $268.02.
F5 Represents the weighted average sale price. The lowest price at which shares were sold was $268.03 and the highest price at which shares were sold was $268.98.
F6 Represents the weighted average sale price. The lowest price at which shares were sold was $269.08 and the highest price at which shares were sold was $269.88.
F7 1/4 of the total shares underlying the option vested on August 31, 2021 and the remaining 3/4th of the shares underlying the option will vest in equal monthly installments thereafter until the option is fully vested on August 31, 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.