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Filing Details

Accession Number:: 0001679788-22-000050
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-05-17 20:08:00
Reporting Period:: 2022-05-13

Accepted Time:: 2022-05-17 20:08:00
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

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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	2022-05-13	309,605	$69.53	309,605	No	4	P	Indirect	Paradigm One LP
Class A Common Stock	Acquisiton	2022-05-13	135,663	$69.97	445,268	No	4	P	Indirect	Paradigm One LP
Class A Common Stock	Acquisiton	2022-05-13	69,025	$72.04	514,293	No	4	P	Indirect	Paradigm One LP
Class A Common Stock	Acquisiton	2022-05-13	192,261	$72.85	706,554	No	4	P	Indirect	Paradigm One LP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Paradigm One LP
No	4	P	Indirect	Paradigm One LP
No	4	P	Indirect	Paradigm One LP
No	4	P	Indirect	Paradigm One LP

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	2022-05-10	370,000	$0.00	370,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,719,574			No	5	G	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	1,133,465	Indirect	By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock	2,583,752	Indirect	By Paradigm Fund, LP

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00	5,872,707	5,872,707	Indirect
Class A Common Stock	Class B Common Stock	$0.00	2,927,343	2,927,343	Indirect
Class A Common Stock	Class B Common Stock	$0.00	2,145,532	2,145,532	Indirect
Class A Common Stock	Class B Common Stock	$0.00	601,637	601,637	Indirect

Amount	Remaning Holdings	Nature of Ownership
5,872,707	5,872,707	Indirect
2,927,343	2,927,343	Indirect
2,145,532	2,145,532	Indirect
601,637	601,637	Indirect

Footnotes

Represents the weighted average purchase price. The lowest price at which shares were purchased was $68.91 and the highest price at which shares were purchased was $69.905. 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 purchased at each separate price within the ranges set forth in footnotes (1) and (3) through (5) to this Form 4.
These shares are held by Paradigm One LP. Paradigm One GP LLC, the general partner of Paradigm One LP, has sole voting and investment power with regard to the shares held by Paradigm One LP. The Frederick Ernest Ehrsam III Living Trust and Matt Huang are the managing members of Paradigm One GP LLC. The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
Represents the weighted average purchase price. The lowest price at which shares were purchased was $69.91 and the highest price at which shares were purchased was $70.00.
Represents the weighted average purchase price. The lowest price at which shares were purchased was $71.66 and the highest price at which shares were purchased was $72.655.
Represents the weighted average purchase price. The lowest price at which shares were purchased was $72.66 and the highest price at which shares were purchased was $73.25.
The Reporting Person is the trustee of The Frederick Ernest Ehrsam III Living Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
These shares are held by Paradigm Fund LP. Paradigm Fund GP LLC, the general partner of Paradigm Fund LP, has sole voting and investment power with regard to the shares held by Paradigm Fund LP. 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. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
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.
Reflects the transfer on May 10, 2022, of (i) 150,000 shares of Class B Common Stock from the Armstrong 2014 Irrevocable Trust to the Mount Moran 2022 Irrevocable Trust and (ii) 220,000 shares of Class B Common Stock from the Armstrong 2014 Irrevocable Trust to the Rendezvous Peak 2022 Irrevocable Trust. The transfers reflected on this Form were effectuated in connection with long-term estate planning matters. Following these transfers, the Reporting Person has no investment control and has not had, and will continue not to have, any pecuniary interest with respect to such shares.
These shares are held by The Brian Armstrong 2014 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.
The Reporting Person is the trustee of The Frederick Ernest Ehrsam III 2020 Grantor Retained Annuity Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
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.
These shares are held by the Brian Armstrong Legacy Trust, of which the Reporting Person is the independent trustee and investment advisor. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.