Jennifer N. Jones - May 30, 2024 Form 4/A - Amendment Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Jennifer N. Jones, by Lailey Rezai, Attorney-in-Fact
Stock symbol
COIN
Transactions as of
May 30, 2024
Transactions value $
$69,021
Form type
4/A - Amendment
Date filed
2/24/2025, 04:16 PM
Date Of Original Report
Jun 3, 2024
Previous filing
May 22, 2024
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $69K +3.81K +60.07% $18.13 10.1K May 30, 2024 Direct 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 $0 -3.81K -40.84% $0.00 5.52K May 30, 2024 Class A Common Stock 3.81K $18.13 Direct F1, F2
* 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 29, 2024, during an open trading window.
F2 The options vest in equal monthly increments over four years, with the first 1/48 of the options vesting on February 1, 2020, until the options are fully vested on January 1, 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 June 3, 2024 reflects a correction to the number of shares of the Issuer's Class A Common owned by the Reporting Person following a stock option exercise made on May 30, 2024.