Surojit Chatterjee - Apr 14, 2021 Form 4/A - Amendment Insider Report for Coinbase Global, Inc. (COIN)

Role: Chief Product Officer
Signature: /s/ Surojit Chatterjee, by Jolie Yang, Attorney-in-Fact
Stock symbol: COIN
Transactions as of: Apr 14, 2021
Transactions value $: -$61,885,000
Form type: 4/A - Amendment
Date filed: 7/16/2021, 08:17 PM
Date Of Original Report: Apr 16, 2021
Next filing: Sep 7, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COIN	Class A Common Stock	Options Exercise	$2.99M	+160K	+2994.01%	$18.71^*	165K	Apr 14, 2021	Direct
transaction	COIN	Class A Common Stock	Gift	$0	-165K	-100%	$0.00^*	0	Apr 14, 2021	Direct
transaction	COIN	Class A Common	Gift	$0	+165K		$0.00	165K	Apr 14, 2021	By The Chatterjee Family Revocable Trust	F1
transaction	COIN	Class A Common	Sale	-$51.4M	-135K	-81.65%	$381.00^*	30.3K	Apr 14, 2021	By The Chatterjee Family Revocable Trust	F1
transaction	COIN	Class A Common	Sale	-$10.5M	-25K	-82.39%	$418.00^*	5.34K	Apr 14, 2021	By The Chatterjee Family Revocable Trust	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	COIN	Employee Stock Option (right to buy)	Options Exercise	-$2.99M	-160K	-8.01%	$18.71^*	1.84M	Apr 14, 2021	Class A Common Stock	160K	$18.71	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are held of record by The Chatterjee Family Revocable Trust, of which the Reporting Person and the Reporting Person's spouse are co-trustees. The Reporting Person disclaims beneficial ownership of the shares owned by The Chatterjee Family Revocable Trust, except to the extent of his pecuniary interest therein, if any.
F2	The option vested with respect to 1/4th of the total shares underlying the option on February 3, 2021, and the remaining 3/4th of the shares underlying the option will vest in equal monthly installments thereafter until the option is fully vested on February 3, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.

Content

These shares are held of record by The Chatterjee Family Revocable Trust, of which the Reporting Person and the Reporting Person's spouse are co-trustees. The Reporting Person disclaims beneficial ownership of the shares owned by The Chatterjee Family Revocable Trust, except to the extent of his pecuniary interest therein, if any.

The option vested with respect to 1/4th of the total shares underlying the option on February 3, 2021, and the remaining 3/4th of the shares underlying the option will vest in equal monthly installments thereafter until the option is fully vested on February 3, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.

Remarks:

This amendment to Form 4 filed on April 16, 2021 is filed to voluntarily report the gifting of Class A Common Stock to the Reporting Person's Trust, and to reflect the sale of shares by such Trust.