Form Type: 4

SEC EDGAR Link
Accession Number:0001679788-21-000059
Date:2021-10-20
Issuer: COINBASE GLOBAL, INC. (COIN)
Original Submission Date:

Reporting Person:

CHATTERJEE SUROJIT
C/O COINBASE GLOBAL, INC.
NOT APPLICABLE, DE

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2021-10-20 M 10,000 a $18.71 10,000 direct
CLASS A COMMON STOCK 2021-10-20 S 10,000 d $313.01 0 direct
CLASS A COMMON STOCK 2021-10-20 0 $0.00 5,344 indirect f3
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 18.71 2021-10-20 deemed execution date M 10,000 (d) 2030-02-04 class a common stock 10,000 $18.71 1,776,692 direct
Footnotes
IDfootnote
f1 the transactions reported on this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on june 1, 2021, during an open trading window.
f2 represents the weighted average sale price. the lowest price at which shares were sold was $313 and the highest price at which shares were sold was $313.40. 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 this footnote.
f3 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.
f4 the total number of shares subject to the option is 2,002,036, of which 5,344 options have been exercised. 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.
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