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Filing Details

Accession Number:: 0001679788-21-000036
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-08-24 18:39:37
Reporting Period:: 2021-08-20

Accepted Time:: 2021-08-24 18:39:37
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1679788	Coinbase Global Inc.	COIN	Finance Services (6199)	464707224

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1851425	Kathryn Haun	C/O Andreessen Horowitz 2865 Sand Hill Road, Suite 101 Menlo Park CA 94025		Yes	No	No	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	2021-08-20	2,417	$0.00	2,417	No	4	M	Direct
Class A Common Stock	Disposition	2021-08-23	2,417	$263.00	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Restricted Stock Units	Disposition	2021-08-20	2,417	$0.00	2,417	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
14,506			No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	91,000	Indirect	By EZT Trust
Class A Common Stock	2,263,232	Indirect	By Andreessen Horowitz LSV Fund I, L.P.
Class A Common Stock	57,376	Indirect	By Gherardesca LLC
Class A Common Stock	150,000	Indirect	By The Gherardesca Annuity Trust

Footnotes

Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
These reported securities are held by EZT Trust. The Reporting Person is the settlor of EZT Trust, which is a family trust whose trustee is a member of the Reporting Person's non-immediate family. The Reporting Person disclaims beneficial ownership of the securities held by the EZT Trust except to the extent of the Reporting Person's pecuniary interest therein, if any.
These reported 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.
The Reporting Person is a member of the general partners of the AH LSV Fund I Entities, but the Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the shares held by the AH LSV Fund I Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares, except to the extent of the Reporting Person's pecuniary interest therein, if any, by virtue of the Reporting Person's interest in the AH LSV Fund I Entities, and/or the general partner entities thereof, as applicable.
These reported securities are held by Gherardesca LLC. The Reporting Person is one of two investment managers of of Gherardesca LLC. As an investment manager, the Reporting Person has shared voting and investment power over the shares held by Gherardesca LLC.
The Reporting Person is the settlor and investment trustee of the Gherardesca Annuity Trust. As investment trustee, the Reporting Person has sole voting and investment power over the shares held by the Gherardesca Annuity Trust.
Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
The RSUs vest with respect to 12.5% of the total award on May 20, 2021, and an additional 12.5% of the award vests in equal quarterly installments thereafter until the award is fully vested on February 20, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.
RSUs do not expire; they either vest or are canceled prior to vesting date.