Filing Details

Accession Number:
0001679788-24-000057
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-28 18:01:29
Reporting Period:
2024-03-26
Accepted Time:
2024-03-28 18:01:29
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 2024-03-26 16,380 $0.00 16,380 No 4 C Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2024-03-26 635 $266.99 15,745 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2024-03-26 400 $269.50 15,345 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2024-03-26 1,100 $271.07 14,245 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2024-03-26 1,006 $272.41 13,239 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2024-03-26 700 $273.25 12,539 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2024-03-26 2,405 $274.35 10,134 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2024-03-26 2,650 $275.36 7,484 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2024-03-26 3,751 $276.39 3,733 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2024-03-26 2,733 $277.44 1,000 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2024-03-26 800 $278.59 200 No 4 S Indirect By The Frederick Ernest Ehrsam III Living Trust
Class A Common Stock Disposition 2024-03-26 200 $279.30 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
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 Disposition 2024-03-26 16,380 $0.00 16,380 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,348,772 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
  1. Represents the conversion of Class B Common Stock held of record by The Frederick Ernest Ehrsam III 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 21, 2023, 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 $266.81 and the highest price at which shares were sold was $267.34. 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 (14) to this Form 4.
  5. Represents the weighted average sale price. The lowest price at which shares were sold was $269.44 and the highest price at which shares were sold was $269.545.
  6. Represents the weighted average sale price. The lowest price at which shares were sold was $270.48 and the highest price at which shares were sold was $271.47.
  7. Represents the weighted average sale price. The lowest price at which shares were sold was $271.80 and the highest price at which shares were sold was $272.67.
  8. Represents the weighted average sale price. The lowest price at which shares were sold was $272.86 and the highest price at which shares were sold was $273.71.
  9. Represents the weighted average sale price. The lowest price at which shares were sold was $273.87 and the highest price at which shares were sold was $274.75.
  10. Represents the weighted average sale price. The lowest price at which shares were sold was $274.87 and the highest price at which shares were sold was $275.86.
  11. Represents the weighted average sale price. The lowest price at which shares were sold was $275.90 and the highest price at which shares were sold was $276.86.
  12. Represents the weighted average sale price. The lowest price at which shares were sold was $276.98 and the highest price at which shares were sold was $277.90.
  13. Represents the weighted average sale price. The lowest price at which shares were sold was $278.13 and the highest price at which shares were sold was $279.03.
  14. Represents the weighted average sale price. The lowest price at which shares were sold was $279.14 and the highest price at which shares were sold was $279.45.
  15. 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.
  16. 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.
  17. 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.
  18. 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.
  19. 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.