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Filing Details

Accession Number:: 0001209191-21-035603
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-05-25 08:08:56
Reporting Period:: 2021-05-21

Accepted Time:: 2021-05-25 08:08:56
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1679788	Coinbase Global Inc.	COIN	()	4

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1166586	A Benjamin Horowitz	C/O Andreessen Horowitz 2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No
1540358	Ah Capital Management, L.l.c.	2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No
1540359	Ah Equity Partners Iii (Parallel), L.l.c.	2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No
1772284	Andreessen Horowitz Lsv Fund I, L.p.	2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No
1772287	Ah Equity Partners Lsv I, L.l.c.	C/O Andreessen Horowitz 2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No
1772407	Andreessen Horowitz Lsv Fund I-Q, L.p.	2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No
1772420	Andreessen Horowitz Lsv Fund I-B, L.p.	2865 Sand Hill Road, Suite 101 Menlo Park CA 94025	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-05-21	5,220,839	$0.00	5,220,839	No	4	C	Indirect	By Andreessen Horowitz Fund III, L.P.
Class A Common Stock	Acquisiton	2021-05-21	454,334	$0.00	454,334	No	4	C	Indirect	By AH Parallel Fund III, L.P.
Class A Common Stock	Acquisiton	2021-05-21	322,110	$0.00	425,185	No	4	C	Indirect	By a16z Seed-III, LLC
Class A Common Stock	Disposition	2021-05-21	425,185	$0.00	0	No	4	J	Indirect	By a16z Seed-III, LLC
Class A Common Stock	Acquisiton	2021-05-21	425,185	$0.00	5,646,024	No	4	J	Indirect	By Andreessen Horowitz Fund III, L.P.
Class A Common Stock	Disposition	2021-05-21	5,542,949	$0.00	103,075	No	4	J	Indirect	By Andreessen Horowitz Fund III, L.P.
Class A Common Stock	Disposition	2021-05-21	454,334	$0.00	0	No	4	J	Indirect	By AH Parallel Fund III, L.P.
Class A Common Stock	Disposition	2021-05-21	1,154,711	$0.00	2,263,232	No	4	J	Indirect	By Andreessen Horowitz LSV Fund I, L.P.
Class A Common Stock	Acquisiton	2021-05-21	17,473	$0.00	17,473	No	4	J	Indirect	By AH Capital Management, L.L.C.
Class A Common Stock	Acquisiton	2021-05-21	424,072	$0.00	842,687	No	4	J	Indirect	By Trust
Class A Common Stock	Disposition	2021-05-24	873	$224.99	16,600	No	4	S	Indirect	By AH Capital Management, L.L.C.
Class A Common Stock	Disposition	2021-05-24	7,700	$225.97	8,900	No	4	S	Indirect	By AH Capital Management, L.L.C.
Class A Common Stock	Disposition	2021-05-24	5,799	$226.79	3,101	No	4	S	Indirect	By AH Capital Management, L.L.C.
Class A Common Stock	Disposition	2021-05-24	1,201	$227.71	1,900	No	4	S	Indirect	By AH Capital Management, L.L.C.
Class A Common Stock	Disposition	2021-05-24	1,600	$228.88	300	No	4	S	Indirect	By AH Capital Management, L.L.C.
Class A Common Stock	Disposition	2021-05-24	200	$229.73	100	No	4	S	Indirect	By AH Capital Management, L.L.C.
Class A Common Stock	Disposition	2021-05-24	100	$230.95	0	No	4	S	Indirect	By AH Capital Management, L.L.C.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	By Andreessen Horowitz Fund III, L.P.
No	4	C	Indirect	By AH Parallel Fund III, L.P.
No	4	C	Indirect	By a16z Seed-III, LLC
No	4	J	Indirect	By a16z Seed-III, LLC
No	4	J	Indirect	By Andreessen Horowitz Fund III, L.P.
No	4	J	Indirect	By Andreessen Horowitz Fund III, L.P.
No	4	J	Indirect	By AH Parallel Fund III, L.P.
No	4	J	Indirect	By Andreessen Horowitz LSV Fund I, L.P.
No	4	J	Indirect	By AH Capital Management, L.L.C.
No	4	J	Indirect	By Trust
No	4	S	Indirect	By AH Capital Management, L.L.C.
No	4	S	Indirect	By AH Capital Management, L.L.C.
No	4	S	Indirect	By AH Capital Management, L.L.C.
No	4	S	Indirect	By AH Capital Management, L.L.C.
No	4	S	Indirect	By AH Capital Management, L.L.C.
No	4	S	Indirect	By AH Capital Management, L.L.C.
No	4	S	Indirect	By AH Capital Management, L.L.C.

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2021-05-21	5,220,839	$0.00	5,220,839	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-05-21	454,334	$0.00	454,334	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-05-21	322,110	$0.00	322,110	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
10,761,104	No	4	C	Indirect
890,493	No	4	C	Indirect
0	No	4	C	Indirect

Footnotes

Represents the conversion of 5,220,839 shares of Class B Common Stock held of record by Andreessen Horowitz Fund III, L.P. into Class A Common Stock.
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
These securities are held by Andreessen Horowitz Fund III, L.P., for itself and as nominee for Andreessen Horowitz Fund III-A, L.P., Andreessen Horowitz Fund III-B, L.P., and Andreessen Horowitz Fund III-Q, L.P. (collectively, the "AH Fund III Entities"). AH Equity Partners III, L.L.C. ("AH EP III"), the general partner of the AH Fund III Entities, has sole voting and dispositive power with regard to the securities held by the AH Fund III Entities. Marc Andreessen and Ben Horowitz are the managing members of AH EP III and share voting and dispositive power with respect to the shares held by the AH Fund III Entities. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund III Entities and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
Represents the conversion of 454,334 shares of Class B Common Stock held of record by AH Parallel Fund III, L.P. into Class A Common Stock.
These securities are held by AH Parallel Fund III, L.P., for itself and as nominee for AH Parallel Fund III-A, L.P., AH Parallel Fund III-B, L.P., and AH Parallel Fund III-Q, L.P. (collectively, the "AH Parallel Fund III Entities"). AH Equity Partners III (Parallel), L.L.C. ("AH EP III Parallel"), the general partner of the AH Parallel Fund III Entities, has sole voting and dispositive power with regard to the shares held by the AH Parallel Fund III Entities. Marc Andreessen and Ben Horowitz are the managing members of AH EP III Parallel and share voting and dispositive power with respect to the shares held by the AH Parallel Fund III Entities.
(Continued from Footnote 5) Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Parallel Fund III Entities and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
Represents the conversion of 322,110 shares of Class B Common Stock held of record by a16z Seed-III, LLC ("a16z Seed") into Class A Common Stock.
These securities are held of record by a16z Seed. The securities held directly by a16z Seed are indirectly held by the AH Fund III Entities, the members of a16z Seed. AH EP III, the general partner of the AH Fund III Entities, has sole voting and dispositive power with regard to the shares held by a16z Seed. Marc Andreessen and Ben Horowitz are the managing members of AH EP III and share voting and dispositive power with respect to the shares held by a16z Seed. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by a16z Seed and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
On May 21, 2021, a16z Seed distributed, for no consideration, 425,185 shares of the Issuer's Class A Common Stock (the "a16z Seed Shares") to the AH Fund III Entities, representing each such member's pro rata interest in such a16z Seed Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
On May 21, 2021, the AH Fund III Entities distributed, for no consideration, 5,542,949 shares of the Issuer's Class A Common Stock (the "AH Fund III Shares") to their limited partners and to AH EP III, the general partner of the AH Fund III Entities, representing each such partner's pro rata interest in such AH Fund III Shares. On the same date, AH EP III distributed, for no consideration, the AH Fund III Shares it received in the distribution by the AH Fund III Entities to its members, representing each such member's pro rata interest in such AH Fund III Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
On May 21, 2021, the AH Parallel Fund III Entities distributed, for no consideration, 454,334 shares of the Issuer's Class A Common Stock (the "AH Parallel Fund III Shares") to their limited partners and to AH EP III Parallel, the general partner of the AH Parallel Fund III Entities, representing each such partner's pro rata interest in such AH Parallel Fund III Shares. On the same date, AH EP III Parallel distributed, for no consideration, the AH Parallel Fund III Shares it received in the distribution by the AH Parallel Fund III Entities to its members, representing each such member's pro rata interest in such AH Parallel Fund III Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
On May 21, 2021, the AH LSV Fund I Entities (as defined below) distributed, for no consideration, 1,154,711 shares of the Issuer's Class A Common Stock (the "AH LSV Fund I Shares") to their limited partners and to AH EP LSV I (as defined below), the general partner of the AH LSV Fund I Entities, representing each such partner's pro rata interest in such AH LSV Fund I Shares. On the same date, AH EP LSV I distributed, for no consideration, the AH LSV Fund I Shares it received in the distribution by the AH LSV Fund I Entities to its members, representing each such member's pro rata interest in such AH LSV Fund I Shares. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
These securities are held by Andreessen Horowitz LSV Fund I, L.P., for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P. (collectively, the "AH LSV Fund I Entities"). AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of the AH LSV Fund I Entities, has sole voting and dispositive power with regard to the shares held by the AH LSV Fund I Entities. Marc Andreessen and Ben Horowitz are the managing members of AH EP LSV I and share voting and dispositive power with respect to the shares held by the AH LSV Fund I Entities. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund I Entities and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
Represents shares received by AH Capital Management, L.L.C. pursuant to pro rata distributions by AH EP III, AH EP III Parallel and AH EP LSV I, for no consideration, of shares of the Issuer's Class A Common Stock to their respective members. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
The securities are held of record by AH Capital Management, L.L.C. The members of AH Capital Management, L.L.C. are Marc Andreessen and Ben Horowitz, who share voting and dispositive power with respect to the shares held by AH Capital Management, L.L.C. Each of the Reporting Persons disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AH Capital Management, L.L.C. and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
Represents shares received by the 1997 Horowitz Family Trust pursuant to pro rata distributions by the AH Fund III Entities, the AH Parallel Fund III Entities, the AH LSV Fund I Entities, AH EP III, AH EP III Parallel, and AH EP LSV I, for no consideration, of shares of the Issuer's Class A Common Stock to their respective partners or members, as applicable. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-13 and/or 16a-9 of the Securities Exchange Act of 1934, as amended.
These securities are held of record by a family trust for which Ben Horowitz is a trustee. Each of the Reporting Persons disclaims the existence of a "group" and, other than Ben Horowitz, disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that any such person is the beneficial owner of such securities, except to the extent of such person's pecuniary interest therein, if any.
Represents the weighted average sale price. The lowest price at which shares were sold was $224.33 and the highest price at which shares were sold was $225.32. The Reporting Persons undertake to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or the Issuer's stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (18) through (23) to this Form 4.
Represents the weighted average sale price. The lowest price at which shares were sold was $225.34 and the highest price at which shares were sold was $226.335.
Represents the weighted average sale price. The lowest price at which shares were sold was $226.34 and the highest price at which shares were sold was $227.30.
Represents the weighted average sale price. The lowest price at which shares were sold was $227.35 and the highest price at which shares were sold was $228.05.
Represents the weighted average sale price. The lowest price at which shares were sold was $228.49 and the highest price at which shares were sold was $229.46.
Represents the weighted average sale price. The lowest price at which shares were sold was $229.67 and the highest price at which shares were sold was $229.79.