Filing Details

Accession Number:
0001209191-23-056900
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-11-29 16:27:10
Reporting Period:
2023-11-27
Accepted Time:
2023-11-29 16:27:10
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 2023-11-27 42,801 $0.00 42,801 No 4 C Indirect By The Ehrsam 2014 Irrevocable Trust
Class A Common Stock Disposition 2023-11-27 42,801 $0.00 0 No 4 G Indirect By The Ehrsam 2014 Irrevocable Trust
Class A Common Stock Acquisiton 2023-11-28 50,000 $0.00 50,000 No 4 C Indirect By The Brian Armstrong Living Trust
Class A Common Stock Disposition 2023-11-28 50,000 $125.19 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 Ehrsam 2014 Irrevocable Trust
No 4 G Indirect By The Ehrsam 2014 Irrevocable Trust
No 4 C 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 Acquisiton 2023-11-27 2,100,704 $0.00 2,100,704 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-11-27 42,801 $0.00 42,801 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-11-28 50,000 $0.00 50,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,051,194 No 4 G Indirect
3,008,393 No 4 C Indirect
26,710,025 No 4 C Indirect
Footnotes
  1. Represents the conversion of Class B Common Stock held of record by The Ehrsam 2014 Irrevocable Trust into Class A Common Stock.
  2. 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.
  3. 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.
  4. Represents the conversion of Class B Common Stock held of record by The Brian Armstrong Living Trust into Class A Common Stock.
  5. The transactions reported on this line were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 16, 2023, during an open trading window.
  6. Represents the weighted average sale price. The lowest price at which shares were sold was $125.00 and the highest price at which shares were sold was $125.67. 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 range set forth herein.
  7. Reflects the transfer on November 27, 2023, of 2,100,704 shares of Class B Common Stock from The Frederick Ernest Ehrsam III 2020 Grantor Retained Annuity Trust ("GRAT") to The Ehrsam 2014 Irrevocable Trust in satisfaction of a GRAT annuity payment. The GRAT annuity payment reflected on this Form was entered into in connection with long-term estate planning.