Filing Details

Accession Number:
0001679788-21-000083
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-12-02 18:49:03
Reporting Period:
2021-12-01
Accepted Time:
2021-12-02 18:49:03
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
1851442 Iii Ernest Frederick Ehrsam C/O Coinbase Global, Inc.
Not Applicable DE
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2021-11-30 15,560 $0.00 1,239,495 No 5 G Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 863 $294.37 1,238,632 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 837 $295.54 1,237,795 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 312 $296.64 1,237,483 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 484 $297.59 1,236,999 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 701 $298.59 1,236,298 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 600 $299.67 1,235,698 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 843 $300.93 1,234,855 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 585 $302.63 1,234,270 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 715 $303.84 1,233,555 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 1,100 $304.93 1,232,455 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 2,119 $306.07 1,230,336 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 4,810 $306.79 1,225,526 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 2,100 $307.87 1,223,426 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 2,429 $308.80 1,220,997 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 187 $309.75 1,220,810 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 1,676 $311.03 1,219,134 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 3,605 $311.98 1,215,529 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 2,719 $312.90 1,212,810 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 1,660 $314.00 1,211,150 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 2,144 $314.82 1,209,006 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 9,522 $315.87 1,199,484 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 5,577 $316.77 1,193,907 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 5,649 $317.84 1,188,258 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 5,745 $318.90 1,182,513 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 3,923 $319.76 1,178,590 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 2,157 $320.75 1,176,433 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 1,355 $321.86 1,175,078 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2021-12-01 295 $322.69 1,174,783 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Acquisiton 2021-11-18 2,145,532 $0.00 2,145,532 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-11-18 70,118 $0.00 70,118 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2021-11-18 70,118 $0.00 70,118 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,145,532 No 5 G Indirect
2,927,343 No 5 G Indirect
5,872,707 No 5 G Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 2,544,755 Indirect By Paradigm Fund, L.P.
Footnotes
  1. Reflects a bona fide charitable gift made by the Reporting Person.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 1, 2021, during an open trading window.
  3. Represents the weighted average sale price. The lowest price at which shares were sold was $293.94 and the highest price at which shares were sold was $294.715. 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 (3) to (30) to this Form 4.
  4. Represents the weighted average sale price. The lowest price at which shares were sold was $295.20 and the highest price at which shares were sold was $296.13.
  5. Represents the weighted average sale price. The lowest price at which shares were sold was $296.235 and the highest price at which shares were sold was $297.23.
  6. Represents the weighted average sale price. The lowest price at which shares were sold was $297.25 and the highest price at which shares were sold was $297.94.
  7. Represents the weighted average sale price. The lowest price at which shares were sold was $298.26 and the highest price at which shares were sold was $299.03.
  8. Represents the weighted average sale price. The lowest price at which shares were sold was $299.39 and the highest price at which shares were sold was $300.30.
  9. Represents the weighted average sale price. The lowest price at which shares were sold was $300.58 and the highest price at which shares were sold was $301.27.
  10. Represents the weighted average sale price. The lowest price at which shares were sold was $302.245 and the highest price at which shares were sold was $303.22.
  11. Represents the weighted average sale price. The lowest price at which shares were sold was $303.25 and the highest price at which shares were sold was $304.21.
  12. Represents the weighted average sale price. The lowest price at which shares were sold was $304.27 and the highest price at which shares were sold was $305.26.
  13. Represents the weighted average sale price. The lowest price at which shares were sold was $305.33 and the highest price at which shares were sold was $306.32.
  14. Represents the weighted average sale price. The lowest price at which shares were sold was $306.34 and the highest price at which shares were sold was $307.31.
  15. Represents the weighted average sale price. The lowest price at which shares were sold was $307.39 and the highest price at which shares were sold was $308.38.
  16. Represents the weighted average sale price. The lowest price at which shares were sold was $308.395 and the highest price at which shares were sold was $309.31.
  17. Represents the weighted average sale price. The lowest price at which shares were sold was $309.47 and the highest price at which shares were sold was $310.45.
  18. Represents the weighted average sale price. The lowest price at which shares were sold was $310.53 and the highest price at which shares were sold was $311.52.
  19. Represents the weighted average sale price. The lowest price at which shares were sold was $311.53 and the highest price at which shares were sold was $312.52.
  20. Represents the weighted average sale price. The lowest price at which shares were sold was $312.53 and the highest price at which shares were sold was $313.48.
  21. Represents the weighted average sale price. The lowest price at which shares were sold was $313.53 and the highest price at which shares were sold was $314.31.
  22. Represents the weighted average sale price. The lowest price at which shares were sold was $314.32 and the highest price at which shares were sold was $315.20.
  23. Represents the weighted average sale price. The lowest price at which shares were sold was $315.32 and the highest price at which shares were sold was $316.30.
  24. Represents the weighted average sale price. The lowest price at which shares were sold was $316.33 and the highest price at which shares were sold was $317.29.
  25. Represents the weighted average sale price. The lowest price at which shares were sold was $317.34 and the highest price at which shares were sold was $318.33.
  26. Represents the weighted average sale price. The lowest price at which shares were sold was $318.35 and the highest price at which shares were sold was $319.34.
  27. Represents the weighted average sale price. The lowest price at which shares were sold was $319.35 and the highest price at which shares were sold was $320.33.
  28. Represents the weighted average sale price. The lowest price at which shares were sold was $320.355 and the highest price at which shares were sold was $321.31.
  29. Represents the weighted average sale price. The lowest price at which shares were sold was $321.37 and the highest price at which shares were sold was $322.325.
  30. Represents the weighted average sale price. The lowest price at which shares were sold was $322.49 and the highest price at which shares were sold was $322.81.
  31. These shares are held by Paradigm Fund L.P. Paradigm Fund GP LLC, the general partner of Paradigm Fund L.P., has sole voting and investment power with regard to the shares held by Paradigm Fund L.P. The Frederick Ernest Ehrsam III Living Trust and Matt Huang are the managing members of Paradigm Fund GP LLC. The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. Shares held by Paradigm Fund L.P. include shares that may be subsequently sold by each of the each of Frederick Ernest Ehrsam III Living Trust and Matt Huang following in-kind distributions of shares by such entity. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
  32. 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.
  33. Reflects the transfer on November 18, 2021, of (i) 2,145,532 shares of Class B Common Stock from the Brian Armstrong 2018 Grantor Retained Annuity Trust to the Brian Armstrong 2018 Irrevocable Trust and (ii) 70,118 shares of Class B Common Stock from the Frederick Ernest Ehrsam III 2020 Grantor Retained Annuity Trust to the Frederick Ernest Ehrsam III Living Trust in satisfaction of GRAT annuity payments owed to the Reporting Person. The GRAT annuity payments reflected on this Form were entered into in connection with the Reporting Person's long-term estate planning.
  34. These shares are held by The Brian Armstrong 2018 Irrevocable Trust, of which the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.