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
- Represents the conversion of Class B Common Stock held of record by The Ehrsam 2014 Irrevocable Trust into Class A Common Stock.
- 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.
- 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.
- Represents the conversion of Class B Common Stock held of record by The Brian Armstrong Living Trust into Class A Common Stock.
- 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.
- 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.
- 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.