Coinbase Global Inc.

12/06/2021 | Press release | Distributed by Public on 12/06/2021 17:20

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 *
Chatterjee Surojit
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 Product Officer /
(Last) (First) (Middle)
C/O COINBASE GLOBAL, INC.
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
NOT APPLICABLE DE
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
Chatterjee Surojit
C/O COINBASE GLOBAL, INC.

NOT APPLICABLE, DE


Chief Product Officer

Signatures

/s/ Surojit Chatterjee, by Jolie Yang, Attorney-in-Fact 2021-12-06
**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) 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.
(2) Represents the weighted average sale price. The lowest price at which shares were sold was $284.07 and the highest price at which shares were sold was $285.02. 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 footnotes (2) to (17) to this Form 4.
(3) Represents the weighted average sale price. The lowest price at which shares were sold was $285.09 and the highest price at which shares were sold was $285.96.
(4) Represents the weighted average sale price. The lowest price at which shares were sold was $286.11 and the highest price at which shares were sold was $287.06.
(5) Represents the weighted average sale price. The lowest price at which shares were sold was $287.20 and the highest price at which shares were sold was $288.10.
(6) Represents the weighted average sale price. The lowest price at which shares were sold was $288.20 and the highest price at which shares were sold was $289.17.
(7) Represents the weighted average sale price. The lowest price at which shares were sold was $289.26 and the highest price at which shares were sold was $290.15.
(8) Represents the weighted average sale price. The lowest price at which shares were sold was $290.28 and the highest price at which shares were sold was $291.26.
(9) Represents the weighted average sale price. The lowest price at which shares were sold was $291.29 and the highest price at which shares were sold was $292.20.
(10) Represents the weighted average sale price. The lowest price at which shares were sold was $294.19 and the highest price at which shares were sold was $295.18.
(11) Represents the weighted average sale price. The lowest price at which shares were sold was $295.21 and the highest price at which shares were sold was $296.15.
(12) Represents the weighted average sale price. The lowest price at which shares were sold was $296.23 and the highest price at which shares were sold was $296.94.
(13) Represents the weighted average sale price. The lowest price at which shares were sold was $297.71 and the highest price at which shares were sold was $297.96.
(14) Represents the weighted average sale price. The lowest price at which shares were sold was $299.05 and the highest price at which shares were sold was $299.81.
(15) Represents the weighted average sale price. The lowest price at which shares were sold was $300.41 and the highest price at which shares were sold was $300.95.
(16) Represents the weighted average sale price. The lowest price at which shares were sold was $301.79 and the highest price at which shares were sold was $302.68.
(17) Represents the weighted average sale price. The lowest price at which shares were sold was $304.59 and the highest price at which shares were sold was $304.74.
(18) 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.
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.