Filing Details

Accession Number:
0001209191-24-000904
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-01-04 19:08:13
Reporting Period:
2024-01-02
Accepted Time:
2024-01-04 19:08:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1679788 Coinbase Global Inc. COIN () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1160077 L Marc Andreessen C/O Andreessen Horowitz
2865 Sand Hill Road, Suite 101
Menlo Park CA 94025
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 2024-01-02 2,000 $155.99 31,992 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 3,971 $157.10 28,021 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 1,200 $158.16 26,821 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 1,700 $159.22 25,121 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 500 $160.13 24,621 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 1,000 $161.88 23,621 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 3,146 $162.65 20,475 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 4,893 $163.72 15,582 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 4,137 $164.75 11,445 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 2,994 $165.81 8,451 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 2,084 $166.81 6,367 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 700 $167.82 5,667 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 415 $168.80 5,252 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 533 $169.82 4,719 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 500 $171.20 4,219 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 1,634 $172.90 2,585 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 2,285 $173.57 300 No 4 S Indirect By AH Capital Management, L.L.C.
Class A Common Stock Disposition 2024-01-02 300 $174.51 0 No 4 S Indirect By AH Capital Management, L.L.C.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
No 4 S Indirect By AH Capital Management, L.L.C.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 1,072,353 Indirect By Trust
Class A Common Stock 2,263,232 Indirect By Andreessen Horowitz LSV Fund I, L.P.
Class A Common Stock 2,568 Indirect By AD Holdings, LLC
Footnotes
  1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by AH Capital Management, L.L.C. ("AH Capital") on December 1, 2023.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.52 to $156.45 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. 33,992 shares held prior to the transactions reported herein reflect the receipt of shares by AH Capital pursuant to the pro rata distributions in kind of all shares previously held of record by a16z Seed-III, LLC ("a16z Seed"), Andreessen Horowitz Fund III, L.P., for itself and as nominee ("AH Fund III"), and AH Parallel Fund III, L.P., for itself and as nominee ("Parallel III"), to their respective members, general partners and limited partners, for no additional consideration, and the further pro rata distribution in kind by the general partners of AH Fund III and Parallel III, for no additional consideration, to their respective members, including AH Capital. The distribution of such shares constituted a change in the Reporting Person's form of ownership, which was exempt from reporting pursuant to Rule 16a-13.
  4. These shares are held of record by AH Capital. The members of AH Capital are the Reporting Person and Benjamin Horowitz, who share voting and dispositive power with respect to the shares held by AH Capital. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AH Capital and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $156.72 to $157.70 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.76 to $158.57 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.79 to $159.75 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160.00 to $160.40 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.15 to $162.14 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.25 to $163.16 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $163.26 to $164.22 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.27 to $165.26 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.29 to $166.26 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.38 to $167.27 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.41 to $168.13 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.47 to $169.38 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $169.48 to $170.39 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.74 to $171.66 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.13 to $173.08 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.24 to $174.20 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  21. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.39 to $174.72 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  22. Includes 860,667 shares received by the LAMA Community Trust ("LAMA") pursuant to the pro rata distributions in kind of all shares previously held of record by a16z Seed, AH Fund III and Parallel III to their respective members, general partners and limited partners, including LAMA, for no additional consideration, and the further pro rata distribution in kind by the general partners of AH Fund III and Parallel III, for no additional consideration, to their respective members, including LAMA. The distribution of such shares constituted a change in the Reporting Person's form of ownership, which was exempt from reporting pursuant to Rule 16a-13.
  23. These securities are held of record by LAMA of which the Reporting Person and his spouse are trustees.
  24. These securities are held of record by Andreessen Horowitz LSV Fund I, L.P., for itself and as nominee for Andreessen Horowitz LSV Fund I-B, L.P. and Andreessen Horowitz LSV Fund I-Q, L.P. (collectively, the "AH LSV Fund I Entities"). AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of the AH LSV Fund I Entities, has sole voting and dispositive power with regard to the shares held by the AH LSV Fund I Entities. The Reporting Person and Ben Horowitz are the managing members of AH EP LSV I and share voting and dispositive power with respect to the shares held by the AH LSV Fund I Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH LSV Fund I Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
  25. These securities are held of record by AD Holdings, LLC, of which the Reporting Person is a manager. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AD Holdings, LLC and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.