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COIN Coinbase Global Inc

303.23
8.00 (2.71%)
23 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Coinbase Global Inc NASDAQ:COIN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  8.00 2.71% 303.23 303.08 304.36 311.37 290.80 294.91 12,187,196 00:59:58

Form 4 - Statement of changes in beneficial ownership of securities

22/11/2024 9:41pm

Edgar (US Regulatory)


SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Brock Lawrence J

(Last) (First) (Middle)
C/O COINBASE GLOBAL, INC.
ONE MADISON AVENUE, SUITE 2400

(Street)
NEW YORK NY 10010

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Coinbase Global, Inc. [ COIN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief People Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/20/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 11/20/2024 M(1) 19,563 A $214.5 56,440 D
Class A Common Stock 11/20/2024 M(1) 4,635 A $74.63 61,075 D
Class A Common Stock 11/20/2024 S(1) 100 D $305.66 60,975 D
Class A Common Stock 11/20/2024 S(1) 100 D $310.04 60,875 D
Class A Common Stock 11/20/2024 S(1) 500 D $312.84(2) 60,375 D
Class A Common Stock 11/20/2024 S(1) 600 D $313.875(3) 59,775 D
Class A Common Stock 11/20/2024 S(1) 709 D $315.6598(4) 59,066 D
Class A Common Stock 11/20/2024 S(1) 400 D $316.4125(5) 58,666 D
Class A Common Stock 11/20/2024 S(1) 200 D $318.175(6) 58,466 D
Class A Common Stock 11/20/2024 S(1) 400 D $319.165(7) 58,066 D
Class A Common Stock 11/20/2024 S(1) 726 D $320.4515(8) 57,340 D
Class A Common Stock 11/20/2024 S(1) 500 D $321.432(9) 56,840 D
Class A Common Stock 11/20/2024 S(1) 100 D $328.76 56,740 D
Class A Common Stock 11/20/2024 S(1) 100 D $330.46 56,640 D
Class A Common Stock 11/20/2024 S(1) 100 D $332.11 56,540 D
Class A Common Stock 11/20/2024 S(1) 19,563 D $335 36,977 D
Class A Common Stock 11/20/2024 S(1) 100 D $339.72 36,877 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $214.5 11/20/2024 M(1) 19,563 (10) 02/09/2032 Class A Common Stock 19,563 $0 20,498 D
Employee Stock Option (right to buy) $74.63 11/20/2024 M(1) 4,635 (11) 02/05/2033 Class A Common Stock 4,635 $0 19,878 D
Explanation of Responses:
1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2023, during an open trading window.
2. Represents the weighted average sale price. The lowest price at which shares were sold was $312.52 and the highest price at which shares were sold was $313.32. 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 (7) to this Form 4.
3. Represents the weighted average sale price. The lowest price at which shares were sold was $313.55 and the highest price at which shares were sold was $314.32.
4. Represents the weighted average sale price. The lowest price at which shares were sold was $314.96 and the highest price at which shares were sold was $315.94.
5. Represents the weighted average sale price. The lowest price at which shares were sold was $316.07 and the highest price at which shares were sold was $316.88.
6. Represents the weighted average sale price. The lowest price at which shares were sold was $317.78 and the highest price at which shares were sold was $318.57.
7. Represents the weighted average sale price. The lowest price at which shares were sold was $318.89 and the highest price at which shares were sold was $319.33.
8. Represents the weighted average sale price. The lowest price at which shares were sold was $320.03 and the highest price at which shares were sold was $320.83.
9. Represents the weighted average sale price. The lowest price at which shares were sold was $321.03 and the highest price at which shares were sold was $321.71.
10. The options vested with respect to 1/12th of the total shares on February 20, 2022, and the remaining options vest in equal monthly installments thereafter until the options are fully vested on November 20, 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.
11. 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.
Remarks:
/s/ Lawrence J. Brock, by Lailey Rezai, Attorney-in-Fact 11/22/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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