Coinbase Global Inc.

08/22/2024 | Press release | Distributed by Public on 08/22/2024 14:14

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Grewal Paul
2. Issuer Name and Ticker or Trading Symbol
Coinbase Global, Inc. [COIN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
Chief Legal Officer /
(Last) (First) (Middle)
C/O COINBASE GLOBAL, INC.
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
NOT APPLICABLE DE 00000
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Grewal Paul
C/O COINBASE GLOBAL, INC.

NOT APPLICABLE, DE00000


Chief Legal Officer

Signatures

/s/ Paul Grewal, by Lailey Rezai, Attorney-in-Fact 2024-08-22
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
(2) All of the shares reported as disposed of in this Form 4 were sold to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
(3) Represents the weighted average sale price. The lowest price at which shares were sold was $191.47 and the highest price at which shares were sold was $192.24. 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 in footnotes (3) through (15) to this Form 4.
(4) Represents the weighted average sale price. The lowest price at which shares were sold was $192.49 and the highest price at which shares were sold was $193.48.
(5) Represents the weighted average sale price. The lowest price at which shares were sold was $193.50 and the highest price at which shares were sold was $194.35.
(6) Represents the weighted average sale price. The lowest price at which shares were sold was $194.54 and the highest price at which shares were sold was $195.41.
(7) Represents the weighted average sale price. The lowest price at which shares were sold was $195.65 and the highest price at which shares were sold was $196.36.
(8) Represents the weighted average sale price. The lowest price at which shares were sold was $196.76 and the highest price at which shares were sold was $197.72.
(9) Represents the weighted average sale price. The lowest price at which shares were sold was $197.96 and the highest price at which shares were sold was $198.46.
(10) Represents the weighted average sale price. The lowest price at which shares were sold was $199.05 and the highest price at which shares were sold was $199.87.
(11) Represents the weighted average sale price. The lowest price at which shares were sold was $200.32 and the highest price at which shares were sold was $200.71.
(12) Represents the weighted average sale price. The lowest price at which shares were sold was $203.12 and the highest price at which shares were sold was $203.63.
(13) Represents the weighted average sale price. The lowest price at which shares were sold was $204.19 and the highest price at which shares were sold was $205.01.
(14) Represents the weighted average sale price. The lowest price at which shares were sold was $205.41 and the highest price at which shares were sold was $206.20.
(15) Represents the weighted average sale price. The lowest price at which shares were sold was $206.87 and the highest price at which shares were sold was $206.95.
(16) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
(17) The RSUs vest with respect to 1/4th of the total shares underlying the award on November 20, 2021, and the remaining 3/4th of the shares underlying the award vest in equal quarterly installments thereafter until the award is fully vested on November 20, 2024, subject to the continued service of the Reporting Person to the Issuer on each vesting date.
(18) RSUs do not expire; they either vest or are canceled prior to vesting date.
(19) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
(20) The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2022, until the award is fully vested on November 20, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date.
(21) The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2023, until the award is fully vested on November 20, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.
(22) The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2024, until the award is fully vested on November 20, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.