Paul Grewal - Dec 2, 2024 Form 4/A - Amendment Insider Report for Coinbase Global, Inc. (COIN)

Role: Chief Legal Officer
Signature: /s/ Paul Grewal, by Lailey Rezai, Attorney-in-Fact
Stock symbol: COIN
Transactions as of: Dec 2, 2024
Transactions value $: $262,600
Form type: 4/A - Amendment
Date filed: 2/24/2025, 04:18 PM
Date Of Original Report: Dec 4, 2024
Previous filing: Nov 27, 2024
Next filing: Jan 6, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COIN	Class A Common Stock	Options Exercise	$263K	+10K	+12.59%	$26.26	89.4K	Dec 2, 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	-10K	-3.97%	$0.00	242K	Dec 2, 2024	Class A Common Stock	10K	$26.26	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 August 28, 2024, during an open trading window.
F2	1/4 of the total shares underlying the option vested on August 31, 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 August 31, 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.

Content

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 28, 2024, during an open trading window.

1/4 of the total shares underlying the option vested on August 31, 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 August 31, 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 December 4, 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 December 2, 2024.