Frederick R. Wilson - Jun 5, 2024 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Director
Signature
/s/ Frederick R. Wilson, by Lailey Rezai, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
Jun 5, 2024
Transactions value $
-$20,141,749
Form type
4
Date filed
6/7/2024, 04:30 PM
Previous filing
May 30, 2024
Next filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Sale -$20.1M -80.5K -44.61% $250.09 100K Jun 5, 2024 By the Fred and Joanne Wilson 2012 Delaware Trust F1, F2, F3
holding COIN Class A Common Stock 225K Jun 5, 2024 Direct F4
holding COIN Class A Common Stock 2.42K Jun 5, 2024 By FJW Partners, LLC F5
* 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 February 24, 2024, during an open trading window.
F2 Represents the weighted average sale price. The lowest price at which shares were sold was $250.00 and the highest price at which shares were sold was $250.46. 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 this footnote to this Form 4.
F3 These shares are held of record by The Fred and Joanne Wilson 2012 Delaware Trust, of which the Reporting Person's spouse is the grantor. The Reporting Person disclaims beneficial ownership of the shares owned by The Fred and Joanne Wilson 2012 Delaware Trust, except to the extent of his pecuniary interest therein, if any.
F4 Represents shares of the Issuer's Class A Common Stock beneficially owned by the Reporting Person and his spouse.
F5 Each of the Reporting Person and his spouse is a managing member of FJW Partners, LLC and, as such, may be deemed to share voting and dispositive power over the shares owned by FJW Partners, LLC. The Reporting Person disclaims beneficial ownership of the shares owned by FJW Partners, LLC, except to the extent of his pecuniary interest therein, if any.