Filing Details

Accession Number:
0001679788-22-000120
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-15 17:12:43
Reporting Period:
2022-11-11
Accepted Time:
2022-11-15 17:12:43
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
1851492 Brian Armstrong C/O Coinbase Global, Inc.
Not Applicable DE
Chairman And Ceo Yes Yes Yes No
1856705 Trust Living Armstrong Brian C/O Coinbase Global, Inc.
Not Applicable DE
No No Yes 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 Acquisiton 2022-11-11 17 $0.00 29,732 No 4 C Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 300 $46.71 29,432 No 4 S Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 700 $48.40 28,732 No 4 S Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 500 $49.34 28,232 No 4 S Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 1,083 $50.57 27,149 No 4 S Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 1,600 $51.23 25,549 No 4 S Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 2,090 $52.65 23,459 No 4 S Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 4,310 $53.65 19,149 No 4 S Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 3,700 $54.66 15,449 No 4 S Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 5,204 $55.63 10,245 No 4 S Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 6,990 $56.48 3,255 No 4 S Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 2,755 $57.68 500 No 4 S Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2022-11-11 500 $58.16 0 No 4 S Indirect By The Brian Armstrong Living Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong Living Trust
No 4 S Indirect By The Brian Armstrong 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 Disposition 2022-11-11 1,386,462 $0.00 1,386,462 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2022-11-11 1,386,462 $0.00 1,386,462 $0.00
Class A Common Stock Class B Common Stock Disposition 2022-11-11 17 $0.00 17 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,159,583 No 4 G Indirect
26,546,228 No 4 G Indirect
26,546,211 No 4 C Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 950,490 950,490 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
950,490 950,490 Indirect
Footnotes
  1. Represents the conversion of Class B Common Stock held of record by The Brian Armstrong Living Trust into Class A Common Stock.
  2. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 26, 2022, during an open trading window.
  3. 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.
  4. Represents the weighted average sale price. The lowest price at which shares were sold was $46.65 and the highest price at which shares were sold was $46.82. 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 (4) to (15) to this Form 4.
  5. Represents the weighted average sale price. The lowest price at which shares were sold was $47.93 and the highest price at which shares were sold was $48.77.
  6. Represents the weighted average sale price. The lowest price at which shares were sold was $48.95 and the highest price at which shares were sold was $49.61.
  7. Represents the weighted average sale price. The lowest price at which shares were sold was $49.99 and the highest price at which shares were sold was $50.98.
  8. Represents the weighted average sale price. The lowest price at which shares were sold was $51.00 and the highest price at which shares were sold was $51.71.
  9. Represents the weighted average sale price. The lowest price at which shares were sold was $52.00 and the highest price at which shares were sold was $52.985.
  10. Represents the weighted average sale price. The lowest price at which shares were sold was $53.015 and the highest price at which shares were sold was $53.98.
  11. Represents the weighted average sale price. The lowest price at which shares were sold was $54.11 and the highest price at which shares were sold was $55.055.
  12. Represents the weighted average sale price. The lowest price at which shares were sold was $55.11 and the highest price at which shares were sold was $56.10.
  13. Represents the weighted average sale price. The lowest price at which shares were sold was $56.135 and the highest price at which shares were sold was $57.13.
  14. Represents the weighted average sale price. The lowest price at which shares were sold was $57.14 and the highest price at which shares were sold was $58.01.
  15. Represents the weighted average sale price. The lowest price at which shares were sold was $58.155 and the highest price at which shares were sold was $58.175.
  16. Reflects the transfer on November 11, 2022 of 1,386,462 shares of Class B Common Stock from The Brian Armstrong 2020 Grantor Retained Annuity Trust ("GRAT") to The Brian Armstrong Living Trust in satisfaction of a GRAT annuity payment owed to the Reporting Person. The GRAT annuity payment reflected on this Form was entered into in connection with the Reporting Person's long-term estate planning.
  17. These shares are held by The Ehrsam 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.