Emilie Choi - May 31, 2024 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Emilie Choi, by Lailey Rezai, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
May 31, 2024
Transactions value $
-$2,200,091
Form type
4
Date filed
6/4/2024, 04:21 PM
Previous filing
May 22, 2024
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Sale -$359K -1.5K -0.69% $239.09 217K May 31, 2024 Direct F1
transaction COIN Class A Common Stock Sale -$22.5K -100 -0.05% $225.35 217K Jun 3, 2024 Direct F1
transaction COIN Class A Common Stock Sale -$114K -500 -0.23% $227.46 216K Jun 3, 2024 Direct F1, F2
transaction COIN Class A Common Stock Sale -$183K -803 -0.37% $228.34 216K Jun 3, 2024 Direct F1, F3
transaction COIN Class A Common Stock Sale -$666K -2.9K -1.35% $229.60 213K Jun 3, 2024 Direct F1, F4
transaction COIN Class A Common Stock Sale -$337K -1.46K -0.69% $230.26 211K Jun 3, 2024 Direct F1, F5
transaction COIN Class A Common Stock Sale -$401K -1.73K -0.82% $231.48 209K Jun 3, 2024 Direct F1, F6
transaction COIN Class A Common Stock Sale -$46.9K -200 -0.1% $234.58 209K Jun 3, 2024 Direct F1, F7
transaction COIN Class A Common Stock Sale -$47.1K -200 -0.1% $235.37 209K Jun 3, 2024 Direct F1, F8
transaction COIN Class A Common Stock Sale -$23.7K -100 -0.05% $237.41 209K Jun 3, 2024 Direct F1
holding COIN Class A Common Stock 49.6K May 31, 2024 By Starvurst Exempt Trust F9
holding COIN Class A Common Stock 21.7K May 31, 2024 By Sixers LLC F10
holding COIN Class A Common Stock 23.2K May 31, 2024 By Starvurst Non-Exempt Trust F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2023, during an open trading window.
F2 Represents the weighted average sale price. The lowest price at which shares were sold was $226.83 and the highest price at which shares were sold was $227.82. 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 (2) through (8) to this Form 4.
F3 Represents the weighted average sale price. The lowest price at which shares were sold was $227.85 and the highest price at which shares were sold was $228.71.
F4 Represents the weighted average sale price. The lowest price at which shares were sold was $228.92 and the highest price at which shares were sold was $229.91.
F5 Represents the weighted average sale price. The lowest price at which shares were sold was $229.94 and the highest price at which shares were sold was $230.81.
F6 Represents the weighted average sale price. The lowest price at which shares were sold was $230.98 and the highest price at which shares were sold was $231.81.
F7 Represents the weighted average sale price. The lowest price at which shares were sold was $234.29 and the highest price at which shares were sold was $234.87.
F8 Represents the weighted average sale price. The lowest price at which shares were sold was $235.29 and the highest price at which shares were sold was $235.45.
F9 These shares are held by the Starvurst Exempt Trust, of which the Reporting Person's spouse is a co-trustee.
F10 These shares are held by Sixers LLC, of which the Coinbase Annuity Trust is the sole member. The Reporting Person's spouse is the trustee of the Coinbase Annuity Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
F11 These shares are held by the Starvurst Non-Exempt Trust, of which the Reporting Person's spouse is a co-trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.