Filing Details
- Accession Number:
- 0001679788-24-000027
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-29 16:25:30
- Reporting Period:
- 2024-02-27
- Accepted Time:
- 2024-02-29 16:25:30
- 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 | 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 | 2024-02-27 | 47,429 | $0.00 | 47,429 | No | 4 | C | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
Class A Common Stock | Disposition | 2024-02-27 | 5,833 | $200.40 | 41,596 | No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
Class A Common Stock | Disposition | 2024-02-27 | 2,256 | $201.57 | 39,340 | No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
Class A Common Stock | Disposition | 2024-02-27 | 3,700 | $202.70 | 35,640 | No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
Class A Common Stock | Disposition | 2024-02-27 | 10,004 | $203.75 | 25,636 | No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
Class A Common Stock | Disposition | 2024-02-27 | 9,584 | $204.54 | 16,052 | No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
Class A Common Stock | Disposition | 2024-02-27 | 6,678 | $205.60 | 9,374 | No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
Class A Common Stock | Disposition | 2024-02-27 | 4,874 | $206.50 | 4,500 | No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
Class A Common Stock | Disposition | 2024-02-27 | 2,600 | $207.57 | 1,900 | No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
Class A Common Stock | Disposition | 2024-02-27 | 1,300 | $208.72 | 600 | No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
Class A Common Stock | Disposition | 2024-02-27 | 600 | $208.85 | 0 | No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III Living Trust |
No | 4 | S | Indirect | By The Frederick Ernest Ehrsam III 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 | 2024-02-27 | 47,429 | $0.00 | 47,429 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
6,490,273 | No | 4 | C | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 4,662 | Direct | |
Class A Common Stock | 2,583,752 | Indirect | By Paradigm Fund, LP |
Class A Common Stock | 1,931,844 | Indirect | By Paradigm One LP |
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 | 601,637 | 601,637 | Indirect | ||
Class A Common Stock | Class B Common Stock | $0.00 | 2,719,574 | 2,719,574 | Indirect | ||
Class A Common Stock | Class B Common Stock | $0.00 | 7,301,833 | 7,301,833 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
601,637 | 601,637 | Indirect | |
2,719,574 | 2,719,574 | Indirect | |
7,301,833 | 7,301,833 | Indirect |
Footnotes
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 21, 2023, during an open trading window.
- Represents the conversion of Class B Common Stock held of record by The Frederick Ernest Ehrsam III Living 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.
- Represents the weighted average sale price. The lowest price at which shares were sold was $200.00 and the highest price at which shares were sold was $200.86 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) through (13) to this Form 4.
- Represents the weighted average sale price. The lowest price at which shares were sold was $201.02 and the highest price at which shares were sold was $202.005.
- Represents the weighted average sale price. The lowest price at which shares were sold was $202.09 and the highest price at which shares were sold was $203.08.
- Represents the weighted average sale price. The lowest price at which shares were sold was $203.10 and the highest price at which shares were sold was $204.085.
- Represents the weighted average sale price. The lowest price at which shares were sold was $204.10 and the highest price at which shares were sold was $205.08.
- Represents the weighted average sale price. The lowest price at which shares were sold was $205.12 and the highest price at which shares were sold was $206.11.
- Represents the weighted average sale price. The lowest price at which shares were sold was $206.145 and the highest price at which shares were sold was $207.11.
- Represents the weighted average sale price. The lowest price at which shares were sold was $207.205 and the highest price at which shares were sold was $208.05.
- Represents the weighted average sale price. The lowest price at which shares were sold was $208.25 and the highest price at which shares were sold was $209.09.
- Represents the weighted average sale price. The lowest price at which shares were sold was $209.31 and the highest price at which shares were sold was $209.82.
- These shares are held by Paradigm Fund L.P. Paradigm Fund GP LLC, the general partner of Paradigm Fund L.P., has sole voting and investment power with regard to the shares held by Paradigm Fund L.P. 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. Shares held by Paradigm Fund L.P. include shares that may be subsequently sold by each of the each of Frederick Ernest Ehrsam III Living Trust and Matt Huang following in-kind distributions of shares by such entity. 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 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.
- These shares are held by The Brian Armstrong Legacy 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 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.
- 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.